The allies hold billions of dollars in investments that qualify for the Inflation Reduction Act’s lucrative tax credits, and stand to lose big if Trump guts it as promised. Donald Trump has promised to gut President Joe Biden’s climate subsidies if elected. But many of Trump’s allies are benefiting from them thanks to big investments in solar power, electric vehicles, carbon sequestration, hydrogen, and other clean energy technologies.

BING NEWS:
  • How Donald Trump Is Making Big Promises to Big Business
    Crypto. Big Oil. Tobacco. Vaping. The former president has been making overt promises to industry leaders, a level of explicitness rarely seen in modern presidential politics.
    10/26/2024 - 5:43 am | View Link
  • Trump hates Biden's climate law. His allies are making money from it
    Donald Trump has promised to gut U.S. President Joe Biden's climate subsidies if elected. But many of Trump's allies are benefiting from them thanks to big investments in solar power, electric ...
    10/25/2024 - 3:59 am | View Link
  • Trump's Allies Benefit Despite His Promise to Dismantle Biden's Climate Subsidies
    Donald Trump aims to rescind climate subsidies under Biden's Inflation Reduction Act (IRA) if elected. Despite this, many of his allies financially benefit from these very subsidies through ...
    10/25/2024 - 3:54 am | View Link
  • How robotics investments are increasing industrial productivity in Scotland
    As industries grapple with global skills and talent shortages, robotics is emerging as an effective solution to bridge gaps and increase productivity. Businesses in Scotland are now realising this ...
    10/18/2024 - 1:36 am | View Link
  • Big Oil Urges Trump Not to Gut Biden’s Climate Law
    Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction Act potentially worth billions.
    10/7/2024 - 2:08 am | View Link
  • More

 

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