Biden signs Inflation Reduction Act: Its climate promise relies heavily on carbon capture, meaning thousands of miles of pipeline
1 min readImage caption: Technology operating today can capture carbon dioxide from the air, but it’s expensive. Image credit: C Gebald and J Wurzbacher Copyright Climeworks. Article by . The Conversation – August 12, 2022. This article was updated August 16, 2022, with President Biden signing the legislation.
President Joe Biden signed a sweeping climate, energy and health care bill on Aug. 16, 2022, that contains about US$370 billion to foster clean energy development and combat climate change, constituting the largest federal climate investment in history. Several studies project that its climate and energy provisions could enable the United States to reduce its greenhouse gas emissions by around 40% below 2005 levels by 2030. That would be a significant improvement […]