Trump's campaign criticized the Inflation Reduction Act as responsible for inflation, promising to terminate it and the Green New Deal, but it misrepresents climate law's impact.
Trump stated, 'We will rescind all unspent funds under the misnamed Inflation Reduction Act', emphasizing his plan to dismantle significant climate policies initiated under the Biden administration.
Ernie Tedeschi stressed the importance of the Inflation Reduction Act, stating, 'This was the United States' big shot' at addressing climate change, emphasizing the dire consequences of rolling it back.
The Inflation Reduction Act represents the largest investment in combating climate change in U.S. history, with potential tax credits for clean energy projects estimated at $1.2 trillion.
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