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Pearl Congratulates U.S. Senate on Historic Climate Bill

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Press Release

Aug 9, 2022 12:15 EDT

The Inflation Reduction Act (IRA), passed by the U.S. Senate on Sunday, contains funding for measures to address climate change that the country — and the entire planet — have been waiting for. Electric vehicle tax credits, clean power incentives for utilities, support for manufacturers of heat pumps and solar panels, and billions to support disadvantaged communities. Together, the provisions should reduce U.S. energy emissions by 40% from 2005 levels.

“Pearl congratulates the U.S. Senate on the passage of this historic legislation,” said Pearl president and co-founder Robin LeBaron. “The Inflation Reduction Act is a huge, visionary step toward reducing carbon…

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