How should Europe react to the Inflation Reduction Act?
The Sound of Economics
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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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