Wednesday marked the anniversary of the signing of the Inflation Reduction Act (IRA). According to the latest analysis from BloombergNEF, President Biden’s signature climate bill could result in a 40 percent drop in energy-related emissions by 2035 and 55 percent by 2050, compared to 2021. Of course, the actual pace of any progress will be determined by a wide range of factors, including some important decisions yet to be made by the U.S. Treasury Department. Read more