Breaking it down: How consumers can cash in on federal climate bill
EVERETT Pam Kepford has stepped down from Everett climate action leadership, but her concerns about the warming planet and her power bills continue. So she was eager to learn what help the federal government might offer to a low-income retiree like herself who wants to replace a gas furnace and water heater with efficient electric models.
After using the Inflation Reduction Act savings calculator at rewiringamerica.org, she responded with delight: Looks like this might be achievable for me in 2023!
The act, passed solely with Democratic votes and signed by President Joe Biden in August, does take modest steps to reduce inflation, such as allowing the government to negotiate with prescription drug manufacturers. But it is known best as a law aimed at slowing human-caused climate change. Its considered the most significant such law ever in the United States, if not the world.
We cant be leaders without leading by example, said U.S. Rep. Suzan DelBene, D-Medina.
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