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How Trump’s election could affect the startup-friendly Inflation Reduction Act

  • President-elect Donald Trump criticized portions of the Inflation Reduction Act during his campaign.
  • However, the act is unlikely to be completely eliminated under his administration.
  • The Inflation Reduction Act has been successful in reducing carbon emissions and attracting climate-friendly industries.
  • Startups have benefited from tax credits, leading to investments in nuclear power, hydrogen, EVs, and battery technology.

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