Media Outlet:
New York Times Publication Date:
Description:
Data from the Clean Investment Monitor, a new project from MIT’s Center for Energy and Environmental Policy Research and the Rhodium Group, shows that President Biden’s 2022 Inflation Reduction Act has impacted both consumer and corporate spending. “The data show that in the year since the climate law passed, spending on clean-energy technologies accounted for 4 percent of the nation’s total investment in structures, equipment and durable consumer goods — more than double the share from four years ago,” writes Jim Tankersley for The New York Times.