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Target: By 2032, reduce greenhouse gas emissions by 50%. Target: By 2032, require 100% of new buildings, major infrastructure, and neighborhood plans to consider climate risks and identify adaptation solutions. Prioritize capital funding towards priority sidewalk construction and repair projects as identified within the Bike+Walk Plan.
RB: The global passenger car segment bounced back rapidly in 2022-23 reaching a market size of over $1,549 billion in 2022 and is projected to hit around $2,676 billion by 2032, growing at a CAGR of 5.62% from 2023 to 2032 (Precedence Reporting 4 ). from 2023 to 2030 (Grand View Research 5 ).
The IRA will be in effect from January 2023 to December 2032, with the goal of improving energy security, reducing emissions by 40% below 2005 levels, reducing the national deficit, lowering household medication costs, and lowering inflation.
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