A Major EV Subsidy Beneficiary Has Some Questions About IRA
‘We should not let people think that putting a bubble around our societies is going to make our life better,’ the CEO of Stellantis says.
President Joe Biden signing the Inflation Reduction Act into law in August 2022.
Photographer: Mandel Ngan/AFP via Getty Images
The Inflation Reduction Act, President Joe Biden’s climate bill packing $386 billion worth of clean-energy spending and tax breaks, is forcing US allies to respond in kind — whether they like it or not.