How Are the Billions in Biden’s Climate Law Being Spent?
Big Take
00:00
The Impact of the Inflation Reduction Act on Carbon Capture
Eric Liu: The Inflation Reduction Act is backing companies and initiatives in some of these difficult, but extremely necessary technologies. He says the soft power of the mere existence of a bill like this will have incalculable influence. Liu: We're talking making steel green; we're talking fuels like biofuels without the use of carbon from fossil fuels. Batteries are also getting a real boost to be able to build the grid of the future," he adds.
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