A Brief Analysis of the Inflation Reduction Bill (2022)
By Hunter Marion. On August 16th, 2022, President Biden signed into law the largest, most comprehensive environmental bill in our country’s history, the Inflation Reduction Act (2022). It might even be more impactful than the milestone environmental legislation passed during the 1970s. The IRA is a massive bill, encompassing a mind-boggling list of new laws ranging from prescription drug regulation to rejuvenating the IRS to environmental justice to agricultural carbon sequestration to the Justice40 Initiative. It is packed with new policies, tax credits, and grants determined to simultaneously reduce future