The Biden administration has pushed through the single largest climate spending package in US history. US Energy Secretary Jennifer Granholm joins Ian Bremmer on GZERO World to discuss how the new law could help the United States and the world respond to climate change. The Inflation Reduction Act is Biden's biggest legislative win since the American Rescue Act early in his term in office. It is intended to fight climate change by slashing carbon emissions from power generation and transport. According to Granholm, it will help by giving Americans incentives to use renewable energy in their cars and homes. And that, in turn, will lower the cost of energy prices at home. She also shares her perspective on Europe's current energy woes and hopes for an opening on climate cooperation with China.