In August 2022, Inflation control law.

The focus was to lower prescription drug prices and encourage investment in clean energy.

Despite its name, the bill is considered some of the most important legislation to address the subject of climate change. Policy analysts call it the third of three bills at the heart of a change in the US government’s climate change policy.

Others are Infrastructure Investment and Employment Law Passed in November 2021, chips and scientific law Passed in August 2022.

Michaela Preskill is an advocate for this group, Environmental Entrepreneur, or E2. The organization emphasizes business and opportunities in clean energy, encouraging job growth and sound environmental policies.

Preskill tells Arizona version of KAWC that investment Inflation control law Arizona alone exceeds $7 billion and includes a major battery facility in the Phoenix area and a cobalt processing facility in Yuma County.

In fact, the organization oversees a flurry of projects sprouting up across the country since the law was passed last summer.

Preskill explains why companies and investors are motivated by the law’s incentives, who benefits, and how the law provides a framework for a long-term clean energy economy. This section explains.