Biden's Inflation Reduction Act, one year on: 'It's restoring the American dream'

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Biden's Inflation Reduction Act, one year on: 'It's restoring the American dream'
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WASHINGTON — The White House is celebrating the one-year anniversary of the Inflation Reduction Act — and making it the centre of President Joe Biden's re-election hopes. Democrats bill the $1.

WASHINGTON — The White House is celebrating the one-year anniversary of the Inflation Reduction Act — and making it the centre of President Joe Biden's re-election hopes.

But in Canada, the multibillion-dollar magnitude of the U.S. incentives has led to a lot of sleepless nights over the last 12 months.

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Biden's Inflation Reduction Act, one year on: 'It's restoring the American dream'Biden's Inflation Reduction Act, one year on: 'It's restoring the American dream'WASHINGTON — The White House is celebrating the one-year anniversary of the Inflation Reduction Act — and making it the centre of President Joe Biden's re-election hopes. Democrats bill the $1.
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One year on, Biden still needs to explain his signature clean energy legislationOne year on, Biden still needs to explain his signature clean energy legislationLike most major U.S. legislation, the Inflation Reduction Act is drawing mixed reviews one year after it was passed
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Miners face 'considerable challenges' meeting demand from US climate law -studyMiners face 'considerable challenges' meeting demand from US climate law -studyThe mining industry faces 'considerable challenges' meeting larger-than-expected demand for copper, nickel and other electric vehicle metals fueled by a US climate law, S&P Global said in a report on Tuesday, ahead of the legislation's one-year anniversary. The landmark US Inflation Reduction Act offers tax breaks for EVs, solar panels and other renewable energy products made from metals extracted in the United States or countries with U.S. free trade deals. Metals from 'foreign entities of concern' including China, Russia, North Korea and Iran will be banned in 2025. That has sparked a race among manufacturers to lock down supply.
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Economists expect rise in inflation as price-growth fight enters new phaseEconomists expect rise in inflation as price-growth fight enters new phaseCanada's annual inflation rate fell back to the country's target range in June for the first time since March 2021, tumbling to 2.8 per cent
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