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14.1.25

Overview and prospects of the Inflation Reduction Act - Part 1

Philippe Copinschi

Overview and prospects of the Inflation Reduction Act - Part 1

U.S. climate and industrial policy put to the test of Trump2. What does the future hold for the Inflation Reduction Act (IRA)?

The Biden administration's flagship legislation, the Inflation Reduction Act (IRA), is the main piece of legislation defining American climate and industrial policy, especially concerning climatech. Vilified by Trump who promised to repeal it, is the IRA threatened by its upcoming return to power?

Professor at Sciences Po Paris and associate senior analyst at Zenon, Philippe Copinschi has produced a report offering an overview and outlook on the Inflation Reduction Act. This first part presents the objectives, instruments, sectors and technologies concerned as well as the expected impacts.

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