Even though the effects of the Inflation Reduction Act (IRA) have not yet been fully felt, initial developments from the previous year give some hope that the U.S. has finally embarked on an effective path against climate change. However, the goals of the Paris Climate Agreement remain a long way off.
Four years of Donald Trump's presidency have set the U.S. far behind in climate protection - and not only because the country, as one of the largest CO2 emitters on earth, had withdrawn from the Paris Climate Agreement to reduce greenhouse gases. Trump's successor Joe Biden has since been struggling to pass various packages to promote climate protection measures. He finally succeeded last year the Inflation Reduction ...