National Geographic: "How the Historic Climate Bill Will Dramatically Reduce US Emissions"
Following the passage of the Inflation Reduction Act, RFF President and CEO Richard Newell comments on the importance of the legislation.
Decades after scientists began warning with increasing alarm that burning fossil fuels was dangerously heating the planet, a $369 billion response finally squeaked through the U.S. Congress and is headed to the president’s desk. It is the biggest, most transformative climate measure in U.S. history. It should signal, experts argue, the dawn of a new era.
“This is the most consequential piece of U.S. legislation for the climate ever,” says Richard Newell, chief executive of Resources for the Future, a nonprofit energy research organization.