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The IRA Has a Greater Focus Than Just Tackling Climate Change

In this article, the authors provide an educational overview of the main objectives and challenges of the Inflation Reduction Act (IRA) adopted by the United States last August. Designed to encourage the development of green industries in the United States, the Act aims to provide a response to climate change, reduce the United States' dependence on China and other countries for the raw materials essential for clean technologies, and consolidate the country's industrial strength. The scale of this legislation poses a number of challenges for Europe's economic security.

WRIGHT Georgina, CHETCUTI Louise, Institut Montaigne, 16 March 2023.