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Climate law could slash related damages by up to $1.9 trillion through 2050

Axios · Andrew Freedman · last updated

The Democrats’ new climate law could cut related damages by as much as $1.9 trillion through 2050 by reducing impacts from extreme weather events, sea level rise and more, according to a new White House analysis shared first with Axios. Why it matters: The ec…

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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.

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