The spending bill will cut emissions, but marginalized groups feel they were sold out
The Inflation Reduction Act is the biggest ever investment to tackle climate change. But there are signs that it could reinforce existing environmental inequalities.
The Inflation Reduction Act signed into law Tuesday by President Biden includes more than $360 billion to address climate change. That's the largest single investment ever made to reduce greenhouse gas emissions â something the White House and major environmental groups are touting as a huge win for humanity.
But not everyone will feel the benefits of the new bill equally, analysts and advocates warn. People living in neighborhoods that are already dealing with a lot of pollution fear they will face
