Inflation Reduction Act: 5 key takeaways from the most significant climate bill in US history

The US Senate has just approved a bill which includes America’s most significant investment in climate action.

Alongside healthcare commitments, the Inflation Reduction Act allocates $369 billion (€361 billion) to renewable energy and reducing greenhouse gas emissions. Experts at several analysis firms have estimated that it could cut emissions in the US by around 40 per cent by 2030.

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