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Senate passes Inflation Reduction Act with $369B in energy and climate spending

Utility Dive · Ethan Howland · last updated

The House of Representatives is scheduled to vote Friday on the bill, which includes major tax credit provisions to spur emissions-free energy, electric vehicles, nuclear power and clean hydrogen.

Related Knowledge Center: Climate legislation

State of Play

The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.

More informationabout Climate legislation