Among its many provisions, the Inflation Reduction Act (IRA) incentivizes people, companies, and government agencies to be more climate-conscious. Barry Rabe, J. Ira and Nicki Harris Family Professor of Public Policy, told Capital and Main that New Mexico is ready to take advantage of the legislation, with many climate policies already in the works.
“There will be winners and losers in this [IRA], and I would think New Mexico could be well positioned to be a winner,” says Rabe, “because the state was proactive for many years.”