Tag: Inflation

By Christine Moffett, Federal Policy Intern, ELCA Witness in Society After many months of deliberation, Congress has passed and President Biden has signed the Inflation Reduction Act of 2022, a federal spending bill that was heralded as a crucial step towards finding solutions to the climate crisis by making the largest federal investment ever in clean energy technologies. This investment comes as movement toward the United States fulfilling its pledge, under the Paris Climate Agreement, of 50% reduction in emissions by 2030. By fulfilling this pledge, the United States will prioritize our environment in need of care and aim for…