US House Speaker Nancy Pelosi, a Democrat from California, speaks during a news conference on climate action outside the US Capitol in Washington, DC, on Wednesday, November 17th, 2021. | Stefani Reynolds/Bloomberg via Getty Images
Congress has officially passed the Inflation Reduction Act after a successful House vote on Friday, clearing the way for the biggest clean energy package in US history. President Joe Biden is expected to sign the bill into law soon, bringing the US within eyeshot of reaching its climate goals under the Paris accord.
The bulk of the bill’s spending — $369 billion — goes toward building up domestic manufacturing of electric vehicles and clean energy technologies plus making homes and buildings more energy-efficient. There’s another $4 billion to promote drought resiliency in the western US. Outside of climate initiatives, the bill also spends $64 billion on healthcare subsidies to prevent insurance premiums from rising for people who buy...
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.