White House finalizes rules increasing clean energy subsidies fivefold in bid to support green jobs
Fox News
The White House finalized new rules under the Inflation Reduction Act aimed at forwarding President Biden's vision of better-paying green energy jobs.
Charles Creitz is a reporter for Fox News Digital.
Qualifying projects involving nuclear, solar, wind and other green energy sources can see their tax credit eligibility under the Inflation Reduction Act quintuple. He joined Fox News in 2013 as a writer and production assistant.
"America has unleashed a clean energy manufacturing and deployment boom that has attracted hundreds of billions of dollars in private sector investment and created more than 270,000 new, good-paying and union clean energy jobs," the White House said in a statement on the announcement. Charles covers media, politics and culture for Fox News Digital.