Biden’s Climate Law Is Reshaping Private Investment in the United States

President Joe Biden speaks at Joint Base Elmendorf-Richardson to mark the anniversary of the Sept. 11 terrorist attacks, Monday, Sept. 11, 2023, in Anchorage, Alaska. (AP Photo/Evan Vucci) WASHINGTON — Private investment in clean energy projects such as solar panels, hydrogen power and electric vehicles surged after President Joe Biden signed an expansive climate bill into law last year, a development that shows how tax incentives and federal subsidies have helped reshape some consumer and corporate spending in the United States.

New data being released Wednesday suggest the climate law and other parts of Biden’s economic agenda have helped speed […]

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