Climate Politics
Biden Signed the Climate Law. Now the Hard Slog Begins.
Federal agencies must write a raft of regulations to implement the new law as hundreds of billions of dollars hang in the balance.
Biden speaks before signing H.R. 5376, the Inflation Reduction Act of 2022, at the White House on Aug. 16.
Photographer: Sarah Silbiger/BloombergThis article is for subscribers only.
President Joe Biden’s signing of the Inflation Reduction Act on Tuesday caps nearly two years of efforts to pass sweeping climate legislation. But the real work is just getting started.
For federal regulators, the moment Biden signed the bill was effectively the starting gun for a race to write new policies to implement its clean energy tax credits, climate programs and environmental mandates. It’s a monumental task that will involve regulators at nearly every federal agency.