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How could the Inflation Reduction Act combat climate change?
- Financial Advice
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- 22.09.22
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Schroders’ climate The US recently introduced the Inflation Reduction Act, which is considered a major development in global efforts to combat climate change. The act aims to address inflation through policies that would reduce energy costs and the federal deficit. The act supports a net-zero economy through incentives to transition to clean energy and helps insulate the economy from oil and gas price swings, reducing the volatility in energy inflation.