Climate winners and losers as the Inflation Reduction Act hits its 1-year mark

News Room
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This week marks one year since the Biden White House and congressional Democrats maneuvered the Inflation Reduction Act into law in a narrowly divided Washington.

The IRA is a broad federal spending initiative with a name that gives little clue to what’s inside — pages loaded with climate-minded energy incentives and tax savings for businesses and individuals. Still, its passage, following an infrastructure bill that sent money to widening the electric-vehicle charging network, earned President Biden a reputation as a “climate…

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