Senate passes Inflation Reduction Act with $369B in energy and climate spending
The House of Representatives is scheduled to vote Friday on the bill, which includes major tax credit provisions to spur emissions-free energy, electric vehicles, nuclear power and clean hydrogen.
Related Knowledge Center: Climate legislation
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.