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now staying in america joe biden has signed into law the biggest ever investment to fight climate change in the u.s the bill known as the inflation reduction act includes more than 400 billion dollars of new spending it is overwhelmingly about greener energy as well as carbon capture and some incentives for fossil fuel companies in the shape of new drilling opportunities joe biden said it was one of the most docHub laws in americas history north america correspondent peter bose has the latest it was a long time incoming a hugely ambitious plan to tackle climate change that the democrats struggled to get through congress just a few weeks ago with opposition within their own ranks it seemed impossible but now the inflation reduction act is a reality signed into law by joe biden at the white house this is a defining moment for the president his biggest achievement in office the new law includes more than 400 billion dollars in new spending big corporations will pay higher taxes the