ESG Considerations of the US 2022 Inflation Reduction Act
Posted by [email protected] on Dec. 22, 2022
By Connie Prostko-Bell, all4inc
Public Law 117-169, commonly referred to as the Inflation Reduction Act of 2022 (IRA or Act), was passed by Congress on August 7, 2022, and signed into law by President Biden on August 16, 2022. Although the primary aim of the Act is to curb the growth rate of inflation, the IRA is wide-ranging and includes climate, health care, and tax reform measures that address drug prices, clean energy spending, and a corporate minimum tax. Although the bill is extensive, this article is focused on the provisions of the legislation pertaining to climate change and clean energy investments. Full article.
