Tesla’s Nevada factory. The U.S. electric-vehicle maker and Japanese battery supplier Panasonic are among the firms benefiting from last year’s climate law.
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The Inflation Reduction Act of 2022 has spurred nearly $110 billion in U.S. clean-energy projects. The biggest beneficiaries so far are foreign companies.
Tesla’s Nevada factory. The U.S. electric-vehicle maker and Japanese battery supplier Panasonic are among the firms benefiting from last year’s climate law.