US President Joe Biden has signed a $740bn climate change, healthcare and tax bill into law, handing the Democratic Party a much-needed win ahead of the November midterm elections.
In a signing ceremony at the White House on Tuesday, Biden heralded the Inflation Reduction Act for its record investment towards cutting carbon emissions. The bill includes nearly $370bn meant to encourage a shift away from fossil fuels, although some allege that it does not go nearly far enough.
