WASHINGTON – The House of Representatives has passed the Inflation Reduction Act of 2022 that includes a landmark $369 billion to fight the climate crisis through incentives for developing clean energy like solar and buying electric vehicles, or EVs.
The legislation passed the Senate earlier this month, and now it goes to President Joe Biden’s desk – he has pledged to sign the measure into law in the coming days.
The bill is the single biggest investment in clean energy and decarbonization ever adopted by Congress. The funding will give a vital boost for tackling the climate emergency by reducing greenhouse gas emissions, while also lowering energy bills for households.
“The historic clean energy investments this legislation will make toward reducing greenhouse gas emissions will benefit every single American, including future generations,” said EWG President Ken Cook….
Congress sends historic $369 billion climate, clean energy legislation to President Biden’s desk
