President Joe Biden has signed into law the most significant piece of legislation supporting clean energy and climate change mitigation in U.S. history.
The Inflation Reduction Act stands to devote $369 billion to clean energy incentives, energy efficiency, green fuels, and more— actions researchers say could bring the U.S. in line with its Paris Agreement goal of reducing greenhouse gas emissions by 40% from 2005 levels.
"With this law, the American people won and the special interests lost," Biden said at a bill signing ceremony on Aug. 16.
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