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The Inflation Discount Act (IRA), typically 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 vitality 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 vitality, concerning the IRA’s early influence on the vitality transition. Stokes acknowledged vital progress in decarbonization efforts however stated there’s nonetheless a lot work to be achieved to ensure that the cash is spent nicely and equitably throughout varied vitality sectors.
In addition they spoke about a current research led by Stokes, revealing that opposition to new wind initiatives has been extra prevalent in whiter and wealthier communities. You possibly can watch the entire dialog beneath.
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