US Economy May Be Impacted if IRA Repealed, Solar Energy CEO Warns

A CEO of a solar energy company has expressed concerns that repealing the Inflation Reduction Act (IRA) could have negative consequences for the US economy. The IRA, passed in 2022, provides incentives for clean energy production and reduces greenhouse gas emissions.

The CEO's warning comes as some lawmakers consider repealing or modifying the act. While the exact impact of repealing the IRA is unclear, the solar industry has seen significant growth due to the legislation's support.

Source: https://www.bloomberg.com/news/articles/2024-10-23/us-economy-will-suffer-if-ira-repealed-solar-maker-ceo-says