WASHINGTON - President Joe Biden rattled off an impressive list of economic wins Wednesday to mark one full year of “transformative” climate spending that's better known among critics in Canada and overseas than it is by voters in the United States. It w
Economic, Government, US NewsWASHINGTON – President Joe Biden rattled off an impressive list of economic wins Wednesday to mark one full year of “transformative” climate spending that’s better known among critics in Canada and overseas than it is by voters in the United States.
“We’ve never fully lived up to it, we never walked away from it. And I guarantee we’re still the beacon for the world.” :The bigger impact from the legislation was arguably the advent of a green manufacturing incentives race,” said Louise Blais, a former diplomat who now serves as a senior adviser to the Business Council of Canada.
The U.S. Treasury Department, in an all-out administrative push to sing the law’s praises, distributed a memo Wednesday promoting all the ways in which the Inflation Reduction Act is attracting foreign investment. “Companies are not going to shoot themselves in the kneecap for the privilege of doing business in Canada if it doesn’t make any sense,” Greenwood said.
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