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The rebirth of industrial policy

Explain It to Me

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The Inflation Reduction Act Is a Carrot to Incentivize Green Energy Production

The inflation reduction act is supposed to generate and incentivse much more efficient energy for our homes. It's also supposed to encourage us to consume clean electricity. About 370 billion dollars in tax credits that'll go to cleaner, greener technologies. And one of the most interesting things about this is that suddenly you have people talking about all kinds of production  in physical places where we have not seen strong job, strong manufacturing for a generation.

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