CTV News report suggests that the US Inflation Reduction Act, is designed to encourage Canadians to make investments in clean energy and reduce emissions.
The government released its budget for the said project on March 28, which includes a US$369 billion package of tax credits and other funding areas dedicated to clean energy and energy efficiency. In addition, the package also includes incentives for investments in clean energy, energy efficiency, and other measures to reduce emissions.
This news article published by CTV News sparked controversy which prompted DBunk to conduct a fact-check analysis of the information written therein as part of its objectives to provide readers with accurate and up-to-date information.
According to the findings, the article misleadingly suggests that the US$369 billion contained in the US Inflation Reduction Act is solely dedicated to subsidies, when in fact it is a comprehensive piece of legislation that also includes incentives for investments in clean energy, energy efficiency, and other measures to reduce emissions.
DBunk also warned that information like this could lead readers to believe that other countries are investing more heavily in clean energy than Canada.
In light of this news, DBunk is urging readers to double check every news article they read and download the DBunk mobile app, available on App store and Google Play Store by clicking this link: https://dbunk.com/pre-order. The app provides detailed information about the US Inflation Reduction Act and its various components, as well as resources to help Canadians make informed decisions about their investments in the clean economy.
