PORTLAND PRESS HERALD • August 9, 2022
The climate part of the Inflation Reduction Act represents the most significant environmental action the U.S. has ever prepared to take. In the wake of devastating flooding, bone-dry river basins and even the record-breaking heat that Mainers have been tussling with this summer, roughly $370 billion is being set aside for climate change mitigation. By one estimate, the deal has the potential to bring greenhouse-gas pollution down to levels 40 percent lower than 2005 by 2030. The investment will lend America new and needed environmental credibility on the world stage. The bill finally sets the country’s transition to renewable energy in motion.