Various concerned interest groups have penned a letter to US President Joe Biden encouraging him to implement the Inflation Reduction Act (IRA) as intended without delays or technical changes that could undermine its historic clean energy investments.
“Investing in clean energy jobs is a key way that the US and other countries can create the political support needed to transition to a carbon-free economy,” said Melinda St. Louis, Global Trade Watch director for Public Citizen.
“The Inflation Reduction Act’s investment incentives will expand domestic manufacturing, improve our supply chains, and help us reduce greenhouse gas emissions to fight climate change,” said Roy Houseman, legislative director for United Steelworkers of America.
The concerned interest groups are worried that claims made by the EU regarding fair trade agreements, might affect the passage of this historical act.