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How should Europe react to the Inflation Reduction Act?
The Sound of Economics
Is the IRA Going to Be Reducing US Greenhouse Gas Emissions?
estimates suggest that the IRA is going to be effect been reducing US greenhouse gas emissions. That's a benefit to the United States in terms of meeting or coming closer to meeting our Paris commitments. But it's also, of course, a benefit toThe entire world because this is a global externality. So actually, in one country helps others.
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