Tag: lots of other ways

Since President Joe Biden signed the Inflation Reduction Act into law in August, the first major climate legislation in U.S. history has been smothered with praise: Journalists and climate experts have suggested that the IRA will “save civilization” and herald “an unstoppable transition.” Rather than punishing companies for their emissions, the law creates numerous financial incentives to encourage the growth of green industries and subsidize eco-friendly consumer purchases such as heat pumps and electric vehicles.

The roughly $370 billion that