Biden administration officials touted that nearly 200 new clean energy projects have been announced since the passage of the Inflation Reduction Act (IRA), but spoke of the need to develop an energy-independent supply chain to meet demand. Speaking at the Carnegie Endowment for International Peace, Deputy Secretary of the Treasury Wally Adeyemo highlighted the development of domestic supply chains for renewable energy and its components. “For batteries—where we must work with allies and partners to obtain the critical minerals we need—the IRA requires that purchased EV final assembly occur in North America in support of manufacturing jobs at home,” Adeyemo said. “This approach is al
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