One year ago, President Biden passed the Inflation Reduction Act (IRA). The IRA is widely acknowledged as the biggest climate legislation in U.S. history ($392 billion). It serves a dual purpose: to halve U.S. emissions by 2030 from 2005 levels, and to stimulate the economy and national competitiveness. The IRA is an important step in the right direction but only one of many to be taken.
Read More