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https://www.wsj.com/articles/climate-legislation-inflation-reduction-act-small-towns-eb0ce798

Small Towns Chase America’s $3 Trillion Climate Gold Rush

The Inflation Reduction Act demands a leap of faith from communities around the country that are committing significant local resources in hopes of attracting new industry

Colleton Industrial Campus just off of I-95 in South Carolina will be home to a factory that makes battery systems used to store power on electric grids.

Colleton Industrial Campus just off of I-95 in South Carolina will be home to a factory that makes battery systems used to store power on electric grids. Michael Wiser for The Wall Street Journal

By Phred Dvorak

and Amrith Ramkumar

April 23, 2023 12:03 pm ET

WALTERBORO, S.C.—Colleton County in South Carolina is a quiet rural district best known for its hunting, fishing and, recently, a sensational murder trial.

Now it is also a player in America’s new gold rush: a scramble for $1 trillion in federal tax incentives and loans for green energy that is fueling a flood of corporate investments and reshaping local economies.

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