Net-zero is a term used to refer to the concept of achieving a balance between the amount of greenhouse gas emissions released into the atmosphere and the amount of greenhouse gas emissions that are removed from the atmosphere. Countries and organizations must take action in two key areas to reach net-zero: reducing emissions and increasing […]
US Climate Bill Incentivizes Carbon Capture
Following up on our latest article covering the passing of the Inflation Reduction Act (“IRA”), we wanted to dive deeper into a specific element of the climate bill that will be crucial for US emission reduction: Carbon Capture.
Inflation Reduction Act: A Turning Point for US Climate Policy?
On August 16th, 2022, President Biden signed into law the Inflation Reduction Act (“IRA”), one of the most ambitious and potentially impactful climate policies in US history. This marks a shift in US climate action and, by putting emissions firmly on a downward trajectory, it sends a global signal that the world’s largest historical emitter is now beginning to meet its responsibilities.