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targeting areas including the electric grid infrastructure, reducing flood risk, advancing drought resistance, and advancing community-level clean energy deployment and climate justice efforts. to the ParisAgreement on the President’s first day in office, though many of the administration’s initiatives have targeted climate mitigation.
Environmental Protection Agency (EPA) and totaling $20 billion, aimed at financing climate and clean energy projects at the community and small business level. According to the EPA, at least 40% of the funds from the program will be dedicated to low-income and disadvantaged communities.
The IRA taxes the wealthiest corporate interests and saves on drug benefit-related waste to be able to fund needed Medicare and ACA health benefits, as well as ParisAgreement-aligned climate action, while still enabling it to reduce the deficit by more than $270 billion. . states to be more ambitious in their climate strategy.
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