The Biden Administration touted the Inflation Reduction Act (the “IRA”), signed on August 16, 2022, as “the most aggressive action on tackling the climate crisis in American history.” The world desperately needs climate action. The seven warmest years recorded on Earth were 2015 to 2021. In 2021, global fossil fuel carbon dioxide emissions “returned to the pre-pandemic levels of 2019.”
This post was originally published on the Cardozo International & Comparative Law Review on October 15, 2022. The original post can be accessed via the Archived Link button above.
Hilsman, Sophia, "Inflation Reduction Act’s Reception by Global Trading Partners" (2022). CICLR Online. 53.