US President Joe Biden fights for political gain a year after ambitious climate law


Source: firstpost.com firstpost.com

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If he could do it all over again, he’d probably pick a different name: After a year, US president Joe Biden is still battling to persuade Americans of the benefits of the Inflation Reduction Act. The massively ambitious initiative aims to accelerate America’s transition to sustainable energy, rebuild its industrial prowess, and improve social fairness. When Joe Biden signed the $750 billion proposal into law on 16 August 2022, the country was in the middle of a major price increase that was undermining the Democratic leader’s popularity. So “the Inflation Reduction Act” seemed a natural name, even if the plan’s...