Biden’s Climate Law Only Halves US Greenhouse Gas Emissions by 2050: Study

US President Joe Biden’s signature climate law, the Inflation Reduction Act, could slash US greenhouse gas emissions in half by 2050 but not come close to eliminating them, according to a new analysis from BlooombergNEF. The law’s $369 billion in financial incentives will speed up the transition to renewable power and electrified transportation, driving the country’s … Read more

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