<p>President-elect Donald Trump has vowed to repeal Joe Biden&#39;s signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America&#39;s transition to a green energy economy. The Congressional Budget Office expects the cost to swell above $800 billion due to higher-than-expected demand for the tax credits; much of the direct funding has already been spent.</p>

<p>&nbsp;</p>
