A volunteer holds a placard during a news conference on the climate crisis and the Inflation Reduction Act at the U.S. Capitol in Washington, D.C., on Aug. 12.KEVIN LAMARQUE/Reuters
Suddenly, Canada is no longer the undisputed leader among North American countries in confronting climate change.
That changed with this week’s passage of the Inflation Reduction Act through the United States Congress, providing US$370-billion in spending measures to convert to a cleaner economy – and resurrecting President Joe Biden’s climate agenda after it seemed dead just weeks earlier.
It’s great news for the planet, as the world’s second-biggest polluter (after China) has gone a long way toward shedding its environmental laggard status.
Whether it’s also great news for Canada, in terms of this country’s ability to compete economically in a decarbonizing world, will hinge significantly on…
