The Inflation Discount Act (IRA), usually dubbed the “Local weather Invoice,” 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. However what particular modifications 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 mentioned there’s nonetheless a lot work to be achieved to guarantee that the cash is spent properly and equitably throughout numerous power sectors.
Additionally they spoke about a latest examine led by Stokes, revealing that opposition to new wind tasks has been extra prevalent in whiter and wealthier communities. You’ll be able to watch the entire dialog beneath.
