An array of US clean energy investments are being delayed or cancelled a year after Washington passed a landmark climate law, threatening to hold back the Biden administration’s emissions targets. The Inflation Reduction Act signed by President Joe Biden in August 2022 featured $370bn to swiftly decarbonise the world’s largest economy, including billions of dollars in new, expanded or extended tax credits for low-emissions technologies. But in recent weeks companies behind several high-profile investments supported by the subsidies have scrapped … read more »
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