The U.S. Inflation Reduction Act is bigger and more far-reaching than you think
Anthropocene reports: Landmark climate legislation passed in the United States in 2022 could nearly halve the U.S. economy’s overall emissions compared to 2005 levels by 2035, according to a new analysis. But on its own, it still won’t be sufficient to meet the country’s pledges under the Paris Agreement. The Inflation Reduction Act (IRA) is possibly the most significant piece of U.S. climate legislation yet. Its provisions include tax credits for clean energy, energy storage, and carbon capture; measures to…