Carrots not sticks? Senate bill may offer template for climate action.
When Democratic lawmakers announced last week that they were a step closer to passing monumental climate change legislation, they gave new hope to activists who had been fretting that Congress was about to miss a key chance to fight global warming.
But the new Inflation Reduction Act of 2022 – a hard-fought and sweeping spending package that also addresses health care, taxes, and deficit reduction – does more than offer a long-sought win to climate advocates. It also offers a playbook for how to forge cooperation on difficult policy, and lessons for how to make countrywide progress in addressing climate change.
Advocates say the bill, with its $369 billion worth of investments in new green technologies and other initiatives, would be the largest federal climate action ever taken. It
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