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Australia, U.S. prepare for COP27 while introducing new climate bills

Bloomberg · Bloomberg · last updated

As countries prepare for COP27 in Egypt in November, countries have announced climate legislation that aims to reduce carbon emissions.

Related Knowledge Center: Climate legislation

State of Play

The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.

More informationabout Climate legislation