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Inflation Reduction Act will see US get serious on climate action in 2023

admin by admin
January 3, 2023
in Science News


The Inflation Reduction Act will accelerate US progress on boosting renewable energy and reducing carbon emissions in 2023 as a decade of funding starts



Environment



3 January 2023

By James Dinneen

US president Joe Biden celebrating the enactment of the Inflation Reduction Act, which was signed into law in August 2022

KEVIN LAMARQUE/REUTERS/Alamy

This year will be the first the US federal government has a policy to meaningfully address climate change, thanks to the passage of the Inflation Reduction Act (IRA) in August 2022. The nearly $370 billion the law puts towards climate and energy-related programmes will accelerate the race to reduce carbon emissions in the US and will influence climate action across the world.

By 2030, researchers forecast that the law’s climate-related provisions …



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Tags: Climate changerenewable energyunited states
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