New Bill Boosts U.S. Climate Credibility

August 10, 2022 4:15 am

WASHINGTON (AP) – The U.S. has renewed credibility on global climate issues and will be able to inspire other nations in their own efforts, experts say, after the Democrats pushed their big economic bill through the Senate on Sunday. The legislation is the single biggest investment in climate change in U.S. history, putting about $375 billion towards climate change-fighting strategies such as investments in renewable energy production and tax rebates for consumers to buy new or used electric vehicles. The impending passage of the first ever significant climate legislation in the U.S. changes the outlook internationally, including in China, India and other high-emitting nations, several experts said.