What you need to know, currently.
Managing Editor Zaria Howell has a handy breakdown on the Biden administration's Inflation Reduction Ad up on our website today:
"On August 16, the Biden Administration passed the largest, and most comprehensive, largely climate-oriented bill into law.
The Inflation Reduction Act (IRA), mandates that roughly $370 billion dollars be put towards subsidizing clean energy and reducing healthcare costs — two things that impact each and every American.
Medicare beneficiaries with diabetes can look forward to their monthly insulin supply being capped at $35. Households who can afford to invest in clean energy technology, like solar panels or an electric vehicle, can expect to benefit from things like tax credits and direct consumer rebates.
On paper, some might call such a legislative package monumental, in its effort to incentivize consumers to reduce their GHG emissions."
What you can do, currently.
- In order to solve climate change, we need to increase investments in climate solutions by 10-20 times. Carbon Collective Investing creates low fee, highly diversified, and competitively performing portfolios that are aligned with disproportionately investing in climate solutions. And now it’s Green Retirement Month, where we pay you bonuses that increase as more people sign up!
- GreenPortfolio makes it easy for you to fight climate change with your financial decisions by scoring your investments and bank accounts for climate impact so you know where you stand – are you a backer of fossil fuels or an investor in a greener future? Sign up to see the climate impact of your finances!
- Start funding climate solutions by joining our partner, Wren. More than 10,000 Wren members fund projects that plant trees, protect rainforest, and otherwise fight the climate crisis every month. Sign-up today and they’ll plant 10 trees in your name for free.