Donald Trump has vowed to annul unspent funds from the Inflation Reduction Act (IRA) if elected, criticizing it as a 'waste' and labeling the Green New Deal a 'scam.' His remarks, made at the Economic Club of New York, may push the Biden administration to expedite fund allocations from the IRA. While Trump has not specified which IRA programs he would target, there is an ongoing debate among Republicans regarding the law, with some favoring its manufacturing tax credits. The Biden administration's efforts to utilize IRA funding for clean energy projects face challenges, as only a fraction of the allocated $145 billion has been officially spent. Trump's energy policy also includes plans to ease regulations on fossil fuel production, suggesting a national emergency declaration to boost domestic energy supply. His proposed changes could significantly undermine the Biden administration's climate initiatives, including new regulations targeting emissions from power plants.