Oil and gas provisions in the climate bill are a worthwhile trade-off

On July 27, Senators Joe Manchin and Chuck Schumer stunned Washington by announcing that they had agreed on a climate package. The bill, known as the Inflation Reduction Act of 2022, allocates $369 billion for climate action. The United States would take a significant step toward attaining the emissions reduction target that U.S. President Joe Biden announced at the Glasgow climate summit in November 2021 if it were to pass, making it the most....