Federal Government Goes All-In on Carbon Emissions Reduction

The Inflation Reduction Act of 2022 includes over $5 billion in funding to support commercial real estate’s ongoing efforts.

By Paul Bergeron | August 02, 2022 at 07:40 AM

Many commercial real estate companies are in line to reduce their carbon emissions. From faraway net-zero goals to environmental, social governance (ESG), it’s the thing to do for investors and a moral obligation, they will say.

Now, the government is coming up big to assist. The Inflation Reduction Act of 2022, passed last week, aims to fight climate change and address record inflation. It includes policies that will invest in U.S. energy production, reduce carbon emissions and ensure American infrastructure is affordable, reliable, clean and secure.

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