Trump’s victory threatens $369 billion in clean energy incentives, BI says

Victory in the November elections Donald Trump This will threaten $369 billion in U.S. clean energy initiatives stemming from the Biden administration’s landmark climate bill, according to Bloomberg Intelligence.

The amount represents most of the $433 billion in grants, loans and tax incentives that the Inflation Reduction Act would bring to health care, utilities and clean energy industries that would be at risk as a result of a Trump victory, BI said in a report on Tuesday .