3min chapter

Climate One  cover image

Has Hydrogen’s Moment Finally Arrived?

Climate One

CHAPTER

Is That a Yes?

Sunita Singh: We are paying polluters to clean up their mess. That was the only recourse the administration had these tax credits, as well as more standard grants and loans that came through these infrastructure bill and inflation reduction act bills. To get at the, to have the polluter pay, you need regulation. And economists like myself would favor some price on carbon that would provide incentives to reduce your CO2 emissions cost effectively. But that wasn't on the table. So we're kind of stuck with these tax things that we're able to be done through reconciliation. Exactly.

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