https://techcrunch.com/2022/08/08/that-big-climate-bill-might-actually-make-a-difference/

With the Senate passing the Inflation Reduction Act of 2022 last night, and House passage later this week all but assured, it’s likely that the U.S. will be taking significant — though not comprehensive — congressional action on climate change.

The bill is expected to trim U.S. carbon emissions to 40% below 2005 levels by the end of the decade. That’s short of President Joe Biden’s target of 50%, and not quite enough to help put the world on the preferred path of warming no more than 1.5 degrees Celsius. But it’s still a major step, one that could restore confidence in global climate agreements.