Congress Just Passed a Big Climate Bill. No, Not That One.
A bipartisan act is quietly about to invest billions in boosting green technology.
by Robinson Meyer
Aug 10, 2022
4 minutes
Updated at 2:55 p.m. ET on August 10, 2022
Yesterday, President Joe Biden signed into law one of the most significant investments in fighting climate change ever undertaken by the United States. The new act will boost efforts to manufacture more zero-carbon technology in America, establish a new federal office to organize clean-energy innovation, and direct billions of dollars toward disaster-resilience research.
No, I’m not talking about the Inflation Reduction Act, the landmark Democratic climate and taxes bill that passed the Senate on Sunday along party lines. I’m talking about a different piece of legislation: The CHIPS and Science Act.
Since it
You’re reading a preview, subscribe to read more.
Start your free 30 days