The Inflation Reduction Act (IRA), typically dubbed the “Climate Bill,” was signed into regulation greater than a 12 months in the past within the US and catalyzed greater than $390 billion of funding within the clear power sector. But what particular adjustments has it caused, and what obstacles stay?
Leah Stokes, an environmental coverage professor at UC Santa Barbara who often advises Democrats on local weather laws, spoke with James Temple, senior editor for local weather and power, in regards to the IRA’s early impression on the power transition. Stokes acknowledged important progress in decarbonization efforts however stated there may be nonetheless a lot work to be carried out to be sure that the cash is spent effectively and equitably throughout varied power sectors.
They additionally spoke about a latest examine led by Stokes, revealing that opposition to new wind initiatives has been extra prevalent in whiter and wealthier communities. You can watch the entire dialog beneath.