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Harris Backs Minerals Stockpile, Permitting Reform, Climate Tax Credits

"Laying out her economic agenda this week, Vice President Harris backed increasing domestic minerals production and creating a minerals stockpile.

A press release from her campaign said it would invoke wartime authority under the Defense Production Act to build stronger mineral supply chains and reduce dependence on China.

In a plan posted to her website, Harris also backed an “America Forward tax credit” that benefits various industries, including many with the potential to combat climate change.

This tax credit would go toward projects including reducing emissions from steel and iron production, creating new sustainable materials, expanding climate-friendly energy manufacturing and bolstering the semiconductor industry."

Rachel Frazin reports for The Hill September 26, 2024.

Source: The Hill, 09/27/2024