4min chapter

Climate Rising cover image

Accelerating the Energy Transition: The U.S. Inflation Reduction Act

Climate Rising

CHAPTER

The Failure of the Waxman Markie Bill to Pass

When you and I were back in 2009, 10 hoping for the Wax and Markie bill to pass, it was a very different law. At that time, the approach that was thought to be the best approach to climate change was look, let's cap emissions across the economy. The theory that the Waxman Markie bill was built on was that there was so much support in industry to address the very real concerns of climate change.

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