The Biden administration's climate law has big incentives for building and buying cleaner things, but a new paper says something's missing: More incentives for scrapping high-carbon infrastructure and equipment.
Why it matters: Existing laws and policies, including the new law, won't decarbonize the economy fast enough to meet U.S. emissions targets, a number of analysts conclude.
The early numbers are in, and they show just how hot the planet was during the month of July.
Why it matters: The new data is a somber indication of how the world is being affected by the extent and pace of climate change, especially as emissions continue to increase.
