[thinkingtoilet]

I'm left of Bernie and voted for Biden but I tend to not like takes like this. Is there a specific policy that he championed that is responsible for this? To me, it's like when people cheer a 'record stock market' as an example of a president's abilities, but fail to mention every single modern president has had a record stock market at some point in their term.

[jonnycomputer]

Yeah, the Inflation Reduction Act.

https://www.orrick.com/en/Insights/2022/11/Section-45X-of-th...

More generally, the IRA and the Infrastructure Investment and Jobs Act

https://en.wikipedia.org/wiki/Infrastructure_Investment_and_...

https://www2.deloitte.com/us/en/insights/industry/manufactur...

There's also the CHIPS act.

By the way, anyone active in the green tech space knows that the IRA has been an absolute game-changer.

[thinkingtoilet]

Wonderful! Thanks.

[mywittyname]

> Is there a specific policy that he championed that is responsible for this?

This was something the President activity campaigned on (Build Back Better), pushed through Congress, and signed into law as The Inflation Reduction Act.

While it did little to reduce inflation (outside of medicine), it was a massive win for people who wanted more investment in clean power generation, more funds for the ACA, lower drug prices, and higher taxes on certain corporate entities.

[vlangber]

Several battery factories that were planned in Norway have scaled down their plans or have been cancelled due to the much better incentives in the IRA.