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SMALL CAP MOVERS: IGas Energy
Inflation Reduction Act could put US within striking distance of Biden’s goal of halving emissions by 2030, analysis suggests
The US is, following decades of political rancor and fossil fuel industry obfuscation, on the verge of its first significant attempt to tackle the climate crisis. Experts say it will help rewire the American economy and act as an important step in averting disastrous global heating.
Independent analysis of the proposed legislation, known as the Inflation Reduction Act, shows it should slash America’s planet-heating emissions by about 40% by the end of the decade, compared with 2005 levels.
