Underserved communities are the ones benefitting the most from the Biden administration’s Inflation Reduction Act (IRA) climate efforts, the Treasury Department announced Wednesday. The data suggests the law is achieving its goal of revitalizing communities that were dependent on fossil fuel production in the past, Treasury said, based on a new analysis. “President Biden’s Investing in America agenda and the Inflation Reduction Act are achieving their goals of revitalizing communities that have been overlooked and need public investment to unlock private capital,” Treasury Secretary Janet Yellen said in a press release. “Treasury analysis shows that funding is going where it’s neede
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