How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill
The incoming Republican-controlled White House, Senate, and House of Representatives will determine the fate of President Joe Biden's historic climate legislation, the Inflation Reduction Act.
In the White House, President-elect Donald Trump has already proposed three candidates for positions in his cabinet that, if approved by the Senate, will probably play a significant role in the future of the IRA: executive in a hedge fundTreasury Secretary Scott Bessentas of an oilfield services firmChris Wright, the CEO of Liberty Energy, will head the Department of Energy, while Doug Burgum, the governor of North Dakota, will head the Interior Department.
Both chambers of Congress would need to approve any total repeal of the IRA, and Republican politicians have so far been hesitant to fully discou...