Of special significance to Fresh Energy’s J. Drake Hamilton this year at COP27 is climate finance. What is it, and how is J. involved?
This year, COP27 will be held in Sharm El-Sheikh, setting an exciting precedent as the first large-scale COP in Africa.
On Tuesday, August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 into law, effectively making the largest investment in climate action in U.S. history that will result in 1 billion metric tons of annual emissions reductions by 2030.
The U.S. House has passed the Inflation Reduction Act of 2022, constituting the largest investment in climate action in U.S. history.
Thank Senators Tina Smith and Amy Klobuchar for getting the Inflation Reduction Act over the finish line in the Senate.
The Inflation Reduction Act of 2022 (IRA), a $369 billion climate and tax package, would impact all facets of our energy and transportation systems, driving down emissions by 40 percent by 2030.