Policies & Impacts

‘Inflation Reduction Act’ a Win for Renewable Energy, Won’t Help Inflation

‘Inflation Reduction Act’ a Win for Renewable Energy, Won’t Help Inflation
President Joe Biden signs the Inflation Reduction Act as Democrat lawmakers look on at the White House in Washington on Aug. 16, 2022. Drew Angerer/Getty Images
Katie Spence
Katie Spence
Freelance reporter
|Updated:
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In his prepared remarks, President Joe Biden called the 2022 Inflation Reduction Act (IRA) one of the most “significant laws in our history” and hyped it as a win for reducing inflation and tackling the “climate crisis.”

Likewise, Senate Democrats claim the IRA will “help fight inflation” while simultaneously lowering the cost of energy for Americans and “substantially” reducing greenhouse gas emissions.

Katie Spence
Katie Spence
Freelance reporter
Katie Spence is a freelance reporter for The Epoch Times who covers energy, climate, and Colorado politics. She has also covered medical industry censorship and government collusion. Ms. Spence has more than 10 years of experience in media and has worked for outlets including The Motley Fool and The Maverick Observer. She can be reached at: [email protected]
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