CleanTechnica•3 days ago
Biden’s Green New Deal Supercharged Manufacturing Construction in USA, Trump Killing It
Key Takeaway
The IRA has driven a significant boom in domestic manufacturing construction and associated power demand, but its long-term stability is uncertain due to potential future policy shifts.
AI Summary
- •The Inflation Reduction Act (IRA) is credited with significantly boosting U.S. manufacturing construction and reshoring, particularly in sectors like EV battery production, indicating a growing demand for industrial power.
- •This policy has led to substantial job creation in blue-collar manufacturing, suggesting new industrial load development opportunities for developers and large power consumers.
- •The article warns of potential policy reversals under a future administration, which could impact the trajectory of domestic manufacturing growth and associated power demand.
Topics
iraoempolicy
Article Content
There was no doubt about it — the Green New Deal, aka Inflation Reduction Act of 2022, was the biggest reshoring legislation in the history of the United States, and the biggest boost to blue collar manufacturing jobs the United States had seen in many decade. I remember EV battery ... [continued] The post Biden’s Green New Deal Supercharged Manufacturing Construction in USA, Trump Killing It appeared first on CleanTechnica .