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* Inflation Reduction Act (IRA): largest federal investment in climate action to date, allocating over $391 billion to reduce carbon emissions. * Infrastructur
by glial 2y ago
* Inflation Reduction Act (IRA): largest federal investment in climate action to date, allocating over $391 billion to reduce carbon emissions.
* Infrastructure Investment and Jobs Act: investments in public transit and infrastructure, promoting sustainable transportation and reducing emissions.
* Methane Emissions Reduction: EPA introduced regulations to curb methane emissions from the oil and gas industry
* Hydrofluorocarbon (HFC) Phase-Down: EPA issued a final rule to reduce HFC production and consumption by 85% over 15 years
* Rejoining the Paris Agreement
* Climate Finance Pledge: the administration pledged to increase international climate finance to over $11 billion annually by 2024
* National Climate Task Force: established to coordinate a whole-of-government approach to tackling the climate crisis, aiming for net-zero emissions by 2050.
- krainboltgreene 2y ago$391B over ten years. The total sum of this effort is less than 2% of our GDP. UNCTAD says it'll take 18% of 48 countries GDP (distributed appropriately).