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Could EV job creation keep IRA alive under Trump?

Could EV job creation keep IRA alive under Trump?

by admin
September 18, 2024
in Auto News
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With only a handful of weeks earlier than the US Presidential election, inexperienced coverage has come underneath the highlight with a brand new report into the financial affect of the Inflation Discount Act (IRA). Signed by President Biden in August 2022, the invoice represents the most important federal funding in a clear power economic system within the historical past of the US. Extra particularly, it contains tax incentives and different provisions designed to spur investments in clean-energy applied sciences, together with a number of parts associated to automobile electrification. However notably, it handed with solely Democratic help, and Republicans have since tried to repeal elements of it over the intervening interval. Some events are involved about its future ought to Donal Trump win the election.



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