President Joe Biden signed the US Inflation Reduction Act on Aug.16, clearing the way for $370 billion in energy security and climatechange spending over the next decade, with the intention of spurringinnovation in clean energy and transportation manufacturing anddriving down greenhouse gas emissions“This bill is the biggest step forward on climate ever, ever, andit’s going to allow us to boldly take additional steps toward meetingall of my climate goals, the ones we set out when we ran,” Bidensaid at a White House signing event. He emphasized that the bill wasapproved with votes from Democrats alone, without any backing fromRepublicans in Congress.
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