August 29, 2022
Source: FOX 26 Houston
The new Inflation Reduction Act, signed by President Biden, includes nearly $370 billion earmarked for climate and energy programs, which include significant incentives designed to directly benefit consumers.
It’s tens of billions of dollars for incentives to encourage investment from something that already works in the eyes of the consumer to something different. The variety of subsidies for homeowners, low-income Americans and farmers that are intended to aggressively cut greenhouse gasses.
Read more: Inflation Reduction Act includes credits for consumers who invest in renewable, energy-efficient products