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Why the Climate Bill Is Good News As we said above, the new climate bill marks the biggest step forward from the US government around climate change. The US has been notoriously slow to implement programs to fight carbon emissions and climate change. To put it simply, this was both alarming and embarrassing, given that the US is the largest emitter of carbon dioxide in the world. Not only is it the largest, but it’s the largest by a long shot. Currently, the US is estimated to be responsible for 24.5% of emissions, while China, the second largest contributor is only responsible for 13.9%. The stats are even more alarming if taken by global population percentage. America makes up 4.25% of the global population—but is emitting close to a quarter of global carbon emissions. Thankfully, the new climate bill promises to flip these numbers on their head. The main focus of the bill is the provision of subsidies for clean energy solutions and energy-efficient home upgrades. This is good news on all fronts. Incentivizing homeowners to invest in clean energy and energy-efficient home upgrades will not only help to drop carbon emissions, but it also means that consumers can tap into substantial savings. Finally, the Inflation Reduction Act offers far more certainty than previous incentive programs. Its solar energy incentives run all the way through to 2033. This will help fuel the solar industry and attract investment.