I frequently post papers on moves that California is making to mitigate climate change. However if California is the only government doing this, mankind will lose this war. I am happy to report on some new efforts that the U.S. Federal Government is making to reduce the amount of greenhouse gas (GHG) our economy is emitting. This paper will report on these.
The “Inflation Reduction Act of 2022” was passed by both houses of the U.S. Congress recently. It is only waiting for a final signature by President Biden this week as I finalize this post. A large percentage of the spending mandated by the bill is focused on incentivizing individuals and corporations to “do the right thing” relative to the climate.
I’m sure that many of my readers have heard in the news that the Federal Supreme Court struck down some elements of the Clean Power Plan, the Obama Era regulations intended to moderate the amount of GHG power plants are emitting. When I researched this ruling, I found that the elements that were struck down were very specific to the methodology used and will just require a different path. Possible paths will be reviewed in this post, including one facilitated by the “Inflation Reduction Act of 2022.”