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ARTICLE · 23 AUGUST 2022

What's Changing In Climate Change?

Jenner & Block LLP
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The Inflation Reduction Act signed into law this week is garnering headlines for its climate change measures ...

United StatesEnvironment
Tatjana (Tanja) Vujic
Tatjana (Tanja) Vujic
Thomas S O'Neill
Thomas S O'Neill
Geoffrey M. Davis
Geoffrey M. Davis

The Inflation Reduction Act (IRA) signed into law this week is garnering headlines for its climate change measures – but it's not the only legislation that's going to have an impact on energy and environmental policies and programs, as well as ESG efforts.

The IRA is historic legislation that pushes $369B towards climate change solutions and creates unprecedented incentives and tax benefits to accelerate the transition to low and zero-carbon energy. And what's been relatively overlooked in recent coverage of the law is how it works in tandem with two other laws: the Creating Helpful Incentives to Produce Semiconductors ("CHIPS") for America Act and the Infrastructure Investment and Jobs Act (IIJA).

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