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Climate Bill Would Put US Back in Global Race for EV Leadership

Extending tax credits, boosting commercial vehicles and supporting automakers’ overhaul of their factories would make America more competitive with China.

US President Joe Biden speaking last week on the Inflation Reduction Act.

US President Joe Biden speaking last week on the Inflation Reduction Act.

Photographer: Oliver Contreras/Bloomberg
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This week, everyone working on energy and climate issues in the US is intensely focused on the Inflation Reduction Act, looking for smoke signals as to whether it will pass and if any modifications will be made.