If the Inflation Reduction Act passes in Congress, it will be particularly good news for Illinois — provided the state takes full advantage of it.
The federal bill, a smaller version of President Joe Biden’s Build Back Better Act, provides $369 billion for energy security and to combat climate change — the biggest single investment the government has ever made in fighting climate change. Some of the money will be distributed via grants. Illinois, unlike most states, already has set up projects that could qualify for those grants.
