4min chapter

Hidden Forces cover image

Energy Security, Geopolitics, & the New Energy Order | Meghan O'Sullivan & Jason Bordoff

Hidden Forces

CHAPTER

Is the Inflation Reduction Act Scalable?

The inflation reduction act is the most dramatic piece of climate action on the part of the United States. It's not that we're going to penalize people and hope that those penalties create incentives for investment, instead we'regoing to provide those incentives directly. And I think this is a really important policy innovation because it is a way that we can make progress when we still don't have consensus on the nature of the challenge.

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