Article Summary –
The content discusses two pieces of legislation signed into law by President Biden: the IRA in August 2022 and the Bipartisan Infrastructure Law (BIL) in November 2021. One of the primary objectives of these laws is to allocate billions of federal dollars towards the development of clean energy. This commitment is part of the larger move towards sustainable practices in the United States.
President Biden’s Boost to Clean Energy Development with IRA and BIL
Signed into law by President Biden in August 2022, the Individual Retirement Account (IRA) and the Bipartisan Infrastructure Law (BIL) passed in November 2021 aim to channel billions of federal dollars towards the development of clean energy. These initiatives contribute to the country’s efforts in the transition towards renewable energy resources.
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