Bloomberg News: Red-State Republicans Say They’ll Defend Biden-Era Green Jobs from Inflation Reduction Act

https://www.bloomberg.com/news/articles/2024-08-05/red-state-republicans-say-they-ll-defend-biden-era-green-jobs

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GOP politicians in places that have reaped clean energy investment from the Inflation Reduction Act say they’d warn against changes that could jeopardize it. …

In Georgia, the heart of the US green manufacturing boom, a new electric vehicle gigafactory is nearing completion. Spanning 3,000 acres, the plant is expected to create 8,500 new jobs. Hyundai Motor Co. has tapped incentives from President Joe Biden’s signature climate law, the 2022 Inflation Reduction Act, which together with the 2021 Bipartisan Infrastructure Law helped unleash a wave of investment in clean energy technologies.

Those investments and jobs may hang in the balance if Donald Trump wins the presidential election in November. Trump has vowed to dismantle Biden’s climate policy. A frequent critic of electric cars, he’s taken aim at pollution rules that incentive automakers to sell more EVs and could curtail the IRA’s EV tax credits.

 

 

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