The Inflation Reduction Act

The discussion, held in collaboration with E3G, introduced the new paper “The U.S. Inflation Reduction Act: Impacts on Cleantech, Trade, and Investment.” The paper examines how the IRA influences investment flows, imports, and exports in key U.S. cleantech sectors. Author Max Gruenig joined panelists Shuting Pomerleau of the American Action Forum and Patrick McCown from the Representative of German Industry + Trade to explore industry challenges and emerging pathways for international and multilateral cooperation.

One key takeaway from the study is that “despite facing significant fiscal and regulatory headwinds, cleantech in the U.S. is expected to grow—albeit unevenly.” According to Gruenig, the sheer size of the U.S. cleantech market ensures it remains an attractive prospect for both exports and foreign direct investment.