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Accelerating the Energy Transition: The U.S. Inflation Reduction Act
Climate Rising
The Tax Credits for Electric Vehicles
The bill adds domestic manufacturing requirements to the tax credits for electric vehicles. The minerals that go into those batteries like cobalt and lithium come from unfriendly countries or countries that don't have free trade agreements with the US. "I believe it will result in more durable support for zero emission policies," says Sen. Chuck Grassley, R-Iowa.
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