With House Passage, the Inflation Reduction Act Is a Massive Win for the Climate and the U.S. Economy




  • In Business
  • 2022-08-12 22:15:07Z
  • By News Direct

Northampton, MA --News Direct-- Ceres

 

August 12, 2022 /3BL Media/ - Ceres Director of Federal Policy Zach Friedman issued the following statement after the U.S. House of Representatives passed the Inflation Reduction Act of 2022, sending the groundbreaking package featuring more than $370 billion in climate, energy, and environmental justice investments to President Biden's desk to be signed into law:

More than 2,900 companies with over $5.1 trillion in annual revenue and more than 400 million global employees have participated in corporate America's year-long push for federal legislation to invest in clean energy, clean transportation, advanced manufacturing, domestic supply chains, climate resilience, environmental justice, and resilient agriculture. These efforts have included:

About CeresCeres is a nonprofit organization working with the most influential capital market leaders to solve the world's greatest sustainability challenges. Through our powerful networks and global collaborations of investors, companies and nonprofits, we drive action and inspire equitable market-based and policy solutions throughout the economy to build a just and sustainable future. For more information, visit ceres.org and follow @CeresNews.

Media Contact: Helen Booth-Tobin

View additional multimedia and more ESG storytelling from Ceres on 3blmedia.com

View source version on newsdirect.com: https://newsdirect.com/news/with-house-passage-the-inflation-reduction-act-is-a-massive-win-for-the-climate-and-the-u-s-economy-827893244

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