America enacted the Inflation Reduction Act . It is the most aggressive action taken in our history to build a clean-energy economy, to combat the climate crisis and to increase our energy security. This legislation means that for the first time, America is on the path to credibly meet our 2030 climate goals, including reducing domestic greenhouse-gas emissions by 50-52% below 2005 levels.
Those savings mean more clean-energy deployment, which in turn means greater cost declines. And as American manufacturers produce clean energy at scale, America will drive down global costs as well.CHIPS We have already seen how public investments can promote production at scale for nascent technologies, as shown by wind and solar. Decades ago, America and other governments around the world invested in these sectors, advancing the technology and encouraging production. That led prices to fall by 60% and subsequently unlocked deployment around the globe. Solar has become the cheapest form of new energy installation.
Of course, unlocking these potential global cost savings and emissions reductions will require not only sustaining but increasing international collaboration—both bilaterally and multilaterally. For example, last year America and theannounced their commitment to negotiate the world’s first carbon-based sectoral arrangement on steel and aluminium trade by 2024.
“If at first you don't succeed, try, try—and then quit! No use being a fool about it.” Are we going to yet another circle-jerk about IRA vs Islam since no one is dumb enough to support the IRA bill.
Evil
if you need words to power through lies, use Brandon Bra Man Boobs Bra Sebastian Steinhausen
Just reading the main post and I was confused as to what benefits terrorists could have. confusedBritishNoises
Judge merits by what metrics
So hilarious TE defending protectionism. UK journalists seem ready to every compromissions
Not concerned about “the world.” Concerned about the USA. When we’re steady again, maybe we think bigger. That’s a long way off.
BrianDeeseNEC johnpodesta jakejsullivan I have a rather different understanding of IRA 👀
BrianDeeseNEC johnpodesta jakejsullivan IRA is a bit irritating. Maybe I‘m too old.
BrianDeeseNEC johnpodesta jakejsullivan That’s some turnaround from planting bombs in chipshops!
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