
Bain’s Climate Consulting
Climate Rising
Is the New Inflation Reduction Act a Carbon Tax?
The new inflation reduction act is helping to focus clients on the opportunities and risks of climate change. It strikes me that this is simply the flip side of a carbon tax in a sense, but it's still trying to give an economic boost to decarbonized approaches. This is betting big that America becomes the new industrial hub for green energy. I'm excited to see coming up at the next UN climate conference coming up in November,. how and whether other countries take cues from this carrot based policy approach and use it as well in their countries.
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