Saturday, 31 December 2022

The U.S. passed a historic climate deal this year — here's a recap of what's in the bill

The U.S. passed a historic climate deal this year — here's a recap of what's in the bill

The Biden administration this year signed a historic climate and tax deal that will funnel billions of dollars into programs designed to speed the country’s clean energy transition and battle climate change. As the U.S. this year grappled with climate-related disasters from Hurricane Ian in Florida to the Mosquito Fire in California, the Inflation Reduction Act, which contains $369 billion in climate provisions, was a monumental development to mitigate the effects of climate change across the country.

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