Inflation Reduction Act Paves the Way for Faster Transition to Clean Energy in the US
Biden signs the Act into law after the Senate and House of Representatives approved it
August 18, 2022
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In a significant development, President Joe Biden signed the ‘Inflation Reduction Act of 2022,’ which the U.S. House of Representatives and the Senate had passed. The Act addresses issues of climate change, taxes, healthcare, and inflation.