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The recently passed Inflation Reduction Act is, in dollar terms, the most substantial climate legislation passed in the U.S.

Climate Week NYC wrapped up last week with a focus on “Getting It Done” and taking meaningful, impactful, measurable action on reducing emissions.

Emissions and climate initiatives are an increasing focus for shareholders and company boards as public, legislative, and investor pressure grows to reduce greenhouse gas emissions while increasing transparency around practices and data.

American energy and utility company AES Corporation recently brought online the second half of a 908 megawatt-per-hour battery energy storage system in California that is now supplying electricity to the wholesale market, California’s independent system operator (CAISO), reported Energy Storage News.

This year, the world has been ravaged by extreme weather with unprecedented heatwaves sweeping through much of Europe over the summer.