Global Trade Alert
Global Trade Alert

United States of America: Inflation Reduction Act

Announcement

16 Aug 2022

In August 2022, the US Administration introduced the Inflation Reduction Act of 2022.

Source

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Number of interventions

23

23 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2025

Revocation date:

31 Dec 2027

Announced: 16 Aug 2022
Tax or social insurance relief In force
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
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Implementation date

01 Jan 2024

Revocation date:

31 Dec 2032

Announced: 16 Aug 2022
Tax or social insurance relief In force
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more

Implementation date

01 Jan 2023

Revocation date:

30 Sep 2025

Terminated: 30 Sep 2025
Tax or social insurance relief
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
Terminated: 30 Sep 2025
Localisation, nes
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
Terminated: 30 Sep 2025
Localisation, nes
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
Terminated: 30 Sep 2025
Localisation, nes
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more

Implementation date

01 Jan 2023

Revocation date:

03 Jul 2025

To be terminated: 04 Jul 2025
Tax or social insurance relief
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more

Implementation date

01 Jan 2023

Revocation date:

31 Dec 2024

Announced: 16 Aug 2022
Tax or social insurance relief
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more

Implementation date

01 Jan 2023

Revocation date:

31 Dec 2032

Announced: 16 Aug 2022
Tax or social insurance relief In force
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more

Implementation date

01 Jan 2023

Revocation date:

31 Dec 2027

To be terminated: 04 Jul 2025
Tax or social insurance relief In force
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more

Implementation date

16 Aug 2022

Revocation date:

03 Jul 2026

To be terminated: 04 Jul 2025
Local content incentive In force
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
To be terminated: 04 Jul 2025
Local content incentive In force
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more

Implementation date

16 Aug 2022

Revocation date:

No revocation date

Announced: 16 Aug 2022
Local content incentive In force
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
Announced: 16 Aug 2022
Local content incentive In force
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more

Implementation date

16 Aug 2022

Revocation date:

03 Jul 2025

To be terminated: 04 Jul 2025
Loan guarantee
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
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Terminated: 03 Jul 2025
Financial grant
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
To be terminated: 04 Jul 2025
Loan guarantee
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
To be terminated: 04 Jul 2025
Financial grant
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
To be terminated: 04 Jul 2025
State loan
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
To be terminated: 04 Jul 2025
State loan
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
To be terminated: 04 Jul 2025
Financial grant
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more
To be terminated: 04 Jul 2025
State aid, unspecified
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more

Implementation date

16 Aug 2022

Revocation date:

30 Sep 2024

Announced: 16 Aug 2022
State aid, unspecified
On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....
Sign in to see more

Related State Acts

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Announced: 19 Apr 2024

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Announced: 19 Apr 2024

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Announced: 19 Apr 2024

United States of America: Introduction of tax credits worth USD 28.5 million for Twelve Benefit Corporation under the Advanced Energy Project Credit Program

Announced: 19 Apr 2024

United States of America: Introduction of tax credits worth USD 16.8 million for GO Lab Inc (dba TimberHP) under the Advanced Energy Project Credit Program

Announced: 19 Apr 2024

United States of America: Introduction of tax credits worth USD 135.9 million for Topsoe SOEC Production US Inc under the Advanced Energy Project Credit Program

Announced: 19 Apr 2024

United States of America: Introduction of tax credits worth USD 148.5 million for X Energy LLC under the Advanced Energy Project Credit Program

Announced: 17 Oct 2023

United States of America: USDA announces a funding opportunity under the Wood Innovations Grant Program

Announced: 16 Oct 2023

United States of America: Nissan model Leaf qualifies for EV tax credits

Announced: 28 Sep 2023

United States of America: Environmental Protection Agency announces funding to support manufacturers of cleaner construction materials

Announced: 25 Sep 2023

United States of America: Department of Transportation announces a funding opportunity to support sustainable aviation fuels and low-emission aviation technologies

Announced: 31 Aug 2023

United States of America: Department of Energy announces funding to support the production of electric vehicles and their components

Announced: 29 Aug 2023

United States of America: Introduction of funding to accelerate and strengthen electricity transmission

Announced: 05 Jun 2023

United States of America: US Administration announces National Clean Hydrogen Strategy and Roadmap

Announced: 16 May 2023

United States of America: Introduction of USD 1 billion funding under the Powering Affordable Clean Energy (PACE) program

Announced: 18 Apr 2023

United States of America: Introduction of funding to accelerate the production of electric heat pumps

Announced: 31 Mar 2023

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Announced: 08 Mar 2023

United States of America: U.S. Administration announces USD 6 billion in funding for Industrial Demonstrations Program

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