Biden's Climate Law Spurs Clean Energy Investment, But Impact On Some Sectors Remains Unclear

Biden's climate law included tax incentives that have led to a surge in private investment for solar energy.
Spending on clean energy technologies overall has doubled as a share of total U.S. investment since the law was passed.
The law has boosted investment in electric vehicles and related supply chains, especially in the Southwest and Midwest.
However, the law's impact on spurring wind power investment has been limited so far.
Consumer spending on energy efficiency upgrades like heat pumps has not changed significantly under the law.