We can confront climate-related disasters and live safely through climate enactment. Presently, the United States has taken the lead by implementing the Inflation Reduction Act, one of the three climate-relevant laws passed in the last 12 months to protect the people.
Some investment areas in the IRA are $128bn for renewable energy, $30bn for nuclear power, $13bn for electric vehicle incentives, $36bn for home energy, $37bn for advanced manufacturing, $32bn for rural economies, and $3bn tax incentives for installing carbon capture. It also makes allocation for disadvantaged communities, forestland, farmers, environmental justice, climate-smart agriculture, and decarbonisation.
According to Gates Notes, leaders can confront the climate crisis by providing enabling environment for private sector investment in clean energy start-ups and prioritising public investments in green technology research and development.
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