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 adjustments has it led to, and what obstacles stay?
Leah Stokes, an environmental coverage professor at UC Santa Barbara who ceaselessly advises Democrats on local weather laws, spoke with James Temple, senior editor for local weather and power, in regards to the IRA’s early influence on the power transition. Stokes acknowledged vital progress in decarbonization efforts however stated there may be nonetheless a lot work to be executed to make it possible for the cash is spent effectively and equitably throughout varied power sectors.
Additionally they spoke about a latest research led by Stokes, revealing that opposition to new wind tasks has been extra prevalent in whiter and wealthier communities. You may watch the entire dialog beneath.