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The Economics of Green Industrial Policy

Columbia Energy Exchange

CHAPTER

The Inflation Reduction Act Is a Good Thing

I think part of why that happened was there were a lot of Democrats who still are skeptical about some of the things you need to do. So it's going to take Republicans being a bit more passionate and those Democrats that remain skeptical for it to move forward. I wish we had really clear, comparable over time numbers on the investment. Is it going to cost us $400 billion over a trillion? That's your... Right. And then the latest estimates are that it'll cost more, which is great news for climate change and less good news for the budget deficit. Probably, I'd love to make progress on both, but I'm definitely much more worried about climate change than the budget deficit

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