Oak Ridge National Laboratory in Tennessee will receive a massive infusion of federal dollars for scientific research and other programs under legislation signed into law by President Joe Biden in August.
The lab announced Friday that it would receive $497 million under the new law, which was christened the Inflation Reduction Act by its proponents despite having limited direct impact on inflation.
At the Department of Energy’s Oak Ridge facility, the spending bill will mean major investments in science and energy research projects, director Thomas Zacharia said in a news release.