“And I’m not sure how much it has to do with inflation, but that’s OK,” he acknowledged.
Later in his address, Kerry called the bill an “amazing piece of legislation” for what it does for green energy and combating climate change.
“The most important parts of the IRA are very simple. Production and investment tax credits. That, I think, is going to do more than almost anything else in the bill. We don’t have to have government making choices about winners and losers. The marketplace is going to choose. You, inventors and investors, are going to help move that along, and we’re going to get there,” he said.