$220 billion is helping build US cleantech infrastructure. Here are the projects.

The impact of President Joe Biden's industrial policy on US cleantech and semiconductor manufacturing.

Key points:

1. The Inflation Reduction Act and the Chips and Science Act, signed into law by President Biden, provided over $400 billion in tax credits, loans, and subsidies to stimulate the development of a domestic cleantech and semiconductor supply chain.
2. The legislation has resulted in over 110 large-scale manufacturing announcements in sectors such as semiconductors, electric vehicles, batteries, and solar and wind parts.
3. These announcements represent at least $224 billion in investment and the creation of 100,000 jobs in the US.