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Here’s how the Inflation Reduction Act could save consumers money and protect the planet

  • August 09, 2022

A new climate bill, if signed into law, could reduce domestic greenhouse gas emissions by approximately 40% below 2005 levels by 2030, according to multiple estimates. 

The Inflation Reduction Act of 2022, passed by the Senate on Sunday, would invest $369 billion to fight against climate change. The bill lowers the costs of sustainable energy technologies and energy-saving devices. 

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