Name: Foreign Companies to Win Big Under Climate Law: Report
Uploaded: 2023-08-18T18:19:57.000Z
Description: President Joe Biden is celebrating the one-year anniversary of the Inflation Reduction Act—a signature of his administration.

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President Joe Biden is celebrating the one-year anniversary of the Inflation Reduction Act—a signature of his administration.

Biden touted the achievement and took a swipe at Republicans.

A big part of the law aims to boost clean energy manufacturing at home, to help the U.S. cut dependence on China for solar panels and electric car batteries.

An analysis from the Wall Street Journal says so far said foreign companies benefit the most.

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