A pair of things crossed my screen that together show the growing economic effect of low-carbon tech — and the trickyIEA looked at investment in manufacturing in wind, solar and battery supply chains; deploying various forms of "clean" power; and sales of EVs and heat pumps.These sectors accounted for 6% of U.S. GDP growth in 2023, comparable to the "booming, artificial-intelligence-driven digital economy," IEA finds.
A plurality report not knowing enough to say whether the IRA is good or bad for the economy, workers, or the climate, per the AP and the University of Chicago survey. The law's tax breaks for EVs, green appliances and more have more support than opposition, but, again, uncertainty overwhelms both.Meanwhile, Donald Trump and other Republicans hope to make Biden's energy policies an electoral liability.
They're more focused on Biden's sticks than carrots, calling policies like vehicle emissions rules and the LNG permit pause economically harmful.The White House on Friday unveiled details on nearly $2 billion in IRA-funded tax credit awards for "clean" manufacturing projects nationwide.Share on linkedin