
Will Biden’s IRA Spark a New Era in Clean-Tech Supply?
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The Impact of the Inflation Reduction Act on Manufacturing
The Inflation Reduction Act is designed to do in reference to supply chains and manufacturing. The IRA has really proven that it's managed to convince developers, investors, finances to redouble their efforts towards funding facilities in the US for manufacturing clean energy technologies. And we've seen a pretty marked response as a result of that. What we're doing is tracking new EV, new battery factory projects. We're doing so in other areas too but just when we look at EVs and batteries, we see about $60 plus billion dollars of new announcements that have been made since August last year.
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