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How will the US Inflation Reduction Act boost climate action? – BNP Paribas Asset Management

After a tense few months during which President Joe Biden’s climate plans appeared to be dead in the water, a surprising about-turn from Senator Joe Manchin has paved the way for the Inflation Reduction Act of 2022.

Posted on Aug 30, 2022

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... What has been dubbed as the most important piece of climate legislation in US history is now set for House of Representatives’ approval (seen as formality) before the Act – which also contains significant provisions for healthcare and tax reform – is signed into law. Berenice Lasfargues, Sustainable Development Goals Lead, and Thibaud Clisson, Climate Change Lead at BNP Paribas Asset Management examine what this could mean for climate action from the world’s second-largest greenhouse gas emitter.

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