Donald Trump’s plan to gut the Biden administration’s sweeping climate legislation would be like “stabbing ourselves” and give China the advantage in a global cleantech race, the US energy secretary has said.
Jennifer Granholm told the Financial Times the Inflation Reduction Act had spurred a “tsunami of investment” worth $500bn and was rebuilding a US manufacturing sector capable of competing with China.
But Trump’s plan to scrap the IRA and its vast cleantech subsidies if he is elected president in November would threaten progress made in reshoring factories in the US and threaten American energy independence, she said.
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