Volume 400, Issue 10354
3 September 2022
WORLD REPORT The recently passed Inflation Reduction Act will provide billions of dollars of incentives to reduce greenhouse gas emissions. Susan Jaffe reports.
There are no emission limits or pollution penalties in the landmark Inflation Reduction Act that Congress approved in August. Instead of forcing cuts, the climate change and healthcare law provides US$370 billion worth of incentives to ratchet down the planet-warming greenhouse gases from fossil fuels that have caused record-breaking heat waves, wild fires, droughts, and floods. …The law provides $60 billion for communities that have been disproportionately affected by toxic hazards and the consequences of climate change. [Continued here.]
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