Inflation Reduction Act: 10 ways it will turbocharge US climate action (and one way it won't)

clock • 22 min read
Credit: iStock
Image:

Credit: iStock

The landmark legislation's climate provisions could unlock billions of dollars of low carbon investment and millions of green jobs - but it also paves the way for new fossil fuel infrastructure

After decades of gridlock, the US looks set to pass sweeping climate legislation for the first time. Barring any late Congressional dramas, President Joe Biden could sign the Inflation Reduction Act (IRA)...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Legislation

Government confirms ban on plastic wet wipes

Government confirms ban on plastic wet wipes

Legislation enabling ban on plastic wet wipes comes into force, as government urges consumers to 'bin not flush' all kinds of wet wipe

clock 18 November 2025 • 3 min read
'Common-sense approach':  Government announces major shake-up of environmental permitting rules

'Common-sense approach': Government announces major shake-up of environmental permitting rules

Government continues its controversial drive to streamline planning and permitting rules, with new move to exempt projects from environmental permits

James Murray
clock 27 October 2025 • 3 min read
Global Briefing: French court rules against TotalEnergies in landmark greenwash case

Global Briefing: French court rules against TotalEnergies in landmark greenwash case

France orders oil giant to take down climate neutrality claim, MEPs back new soil monitoring law, and electric aircraft head for Korea

James Murray
clock 24 October 2025 • 7 min read