The recently passed Inflation Reduction Act (IRA) is the largest clean energy investment by the federal government in U.S. history. The passing of this $430 billion bill shows that the American government recognizes it is time for businesses to make crucial, sustainable changes in order to combat global warming. This historic bill further demonstrates that industries are ripe for more sustainable innovation, especially within the power generation industry.
COMMENTARY
Investing in green practices and technologies has proven to drive a higher return on investment (ROI) and will only become more profitable as time goes on. The 2022 IPCC report warned that the world is set to reach the 1.5ºC level within the next two decades, which could lead to desertification and land degradation, and is detrimental to sustainable land management and food security. Business leaders must…
