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The Inflation Discount Act (IRA), typically dubbed the “Local weather Invoice,” was signed into legislation 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 modifications has it led to, and what obstacles stay? Leah Stokes, an environmental coverage professor at UC Santa Barbara who continuously advises Democrats on local weather laws, spoke with James Temple, senior editor for local weather and vitality, concerning the IRA’s early affect on the vitality transition. Stokes acknowledged vital progress in decarbonization efforts however mentioned there may be nonetheless a lot work to be carried out to make it possible for the cash is spent nicely and equitably throughout varied vitality sectors. In addition they spoke a few current examine led by Stokes, revealing that opposition to new wind initiatives has been extra prevalent in whiter and wealthier communities. You’ll be able to watch the entire dialog beneath.
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