"How A Trump Presidency Could Threaten Biden’s Signature Climate Achievement"

"Democrats’ sweeping Inflation Reduction Act (IRA) has fueled significant progress in the fight against climate change since its passage in 2022. But if former President Trump wins back the presidency in November, he’s likely to undermine those gains — or help a Republican Congress do away with the law entirely.

The IRA includes a suite of tax credits for carbon-friendly energy sources and electric vehicles as part of an effort to protect the climate. It also includes money for grants that subsidize climate-friendly or pollution-cutting projects and a program to punish oil and gas companies for leaks of planet-warming methane.

The law has been in Republicans’ crosshairs ever since it passed. If they win the White House and both chambers of Congress in the upcoming election, they’re likely to aim for at least a partial repeal.

If they win the presidency but don’t get both houses of Congress — or need time to work out the specifics of a repeal — a second Trump administration could also use executive action to curtail the law’s reach. And some conservatives are already urging such action."

Rachel Frazin reports for The Hill March 20, 2024.

Source: The Hill, 03/21/2024