From Tesla to Big Oil: Here are Trump allies who benefit from Biden’s climate law

The allies hold billions of dollars in investments that qualify for the Inflation Reduction Act’s lucrative tax credits, and stand to lose big if Trump guts it as promised.

Donald Trump has promised to gut President Joe Biden’s climate subsidies if elected. But many of Trump’s allies are benefiting from them thanks to big investments in solar power, electric vehicles, carbon sequestration, hydrogen, and other clean energy technologies.