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International Business Times

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Biden's Clean Energy Tax Credits Likely To Remain 'Law Of The Land': Brainard

Joe Biden Donald Trump Lael Brainard White House

White House national economic advisor Lael Brainard said the IRA clean energy tax credits were now the law of the land (Credit: AFP)

Most of Joe Biden's clean energy tax credits are now law and are unlikely to be reversed by Donald Trump if he wins November's presidential election, a senior administration official said Friday.

The 2022 Inflation Reduction Act (IRA) -- one of Biden's most significant policy achievements as president -- contains tax credits, subsidies and grants worth hundreds of billions of dollars designed to turbo-charge America's energy transition.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

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