President Biden's Inflation Reduction Act may be good news for the clean energy sector, but what does it mean for Canada? That's a more complex question. On one hand, some aspects of it are likely to benefit Canadian businesses. But much of the funding included in the legislation is reserved for American producers and could make it difficult for Canada to build its own domestic clean energy sector. If clean energy is going to be a big part of developed economies in the future, that's a problem.
On this episode, Michael Bernstein, the Executive Director of Clean Prosperity, joins us to break down what's in the Inflation Reduction Act, what it means for Canada, and why he thinks Canada needs to develop its own clean industrial strategy that's tailored for our strengths.