The passage of the Inflation Reduction Act (IRA) is a once-in-a-career opportunity, permanently shifting the course of both the US economy and global climate to a better future. And it represents the culmination of decades of work by RMI — our experts and analysis played a direct role advancing key provisions — along with countless other NGOs, businesses, communities, scientists, and policymakers The full implications of the nearly 800-page bill continue to be assessed. But early modeling suggests its incentives will drive dramatic emission reductions: at least 40 percent by 2030, just shy of US commitments to lower emissions by half in that time. - RMI
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