US_ The Good, The Bad, And The Ugly: Biden’s Climate Bill Turns Two Years Old

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The Good, The Bad, And The Ugly: Biden’s Climate Bill Turns Two Years Old

(Photo by Win McNamee/Getty Images)

DAILY CALLER NEWS FOUNDATION

Nick Pope

Contributor August 17, 2024 9:49 AM ET


After two years, the results of President Joe Biden’s Inflation Reduction Act (IRA) include a growing price tag, energy market distortions, and large payouts to left-wing activist organizations.

Biden signed the IRA into law on August 16, 2022, hailing the massive legislative package as a transformative law that would help to usher in a new, green energy-fueled economy and create hundreds of thousands of jobs in the process. Two years in, the bill’s price tag has grown, IRA-backed industries like offshore wind are struggling, energy markets have been distorted and activist organizations and groups laden with Democratic Party insiders have been juiced with taxpayer cash thanks to the legislation.

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READ MORE: https://dailycaller.com/2024/08/17/inflation-reduction-act-two-years-biden-energy/

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