Inflation Reduction Act 2024 Cost. The inflation reduction act has already spurred a clean energy boom, contributing to more than $360 billion in private sector clean energy announcements. The new bill makes the largest investment in combating climate change in u.s.

Washington (ap) — even president joe biden has some regrets about the name of the inflation reduction act: The inflation reduction act has already spurred a clean energy boom, contributing to more than $360 billion in private sector clean energy announcements.