Biden Signs Legislation Making ‘Biggest Step Forward’ On Climate

President Joe Biden has enacted legislation that will provide about $370 billion in unprecedented funding to spur low-carbon energy and curb greenhouse gases, including over $40 billion in EPA funds, with supporters arguing the measure represents a historic legislative response to climate change that will put U.S. goals within reach. During an Aug. 16 event at the White House, Biden and top Capitol Hill Democrats touted the climate spending in the Inflation Reduction Act (IRA) in superlative terms. “This bill...