This is basically biden's campaign promises to enhance us. Jobs in manufacturing. There are credits for manufactures to produce electric cars. The biggest spending of the bill is actually on clean energy, tax credits for solar, wind and even growing at the u ss very small offshore wind industry. It also tackles methane emissions from the oil and gas sector. This is the first industry wide kind of fee that tries to bring down this really polluting greenhouse gas. Compared to c o two, mething pollutes up to 86 times more over a 20 year period. So it's important to tackle mothing.
Probably not, but he did finally compromise on the Inflation Reduction Act (née Build Back Better), which could be the most significant climate spending bill in US history. Vox’s Li Zhou and Rebecca Leber explain.
This episode was produced by Victoria Chamberlin and Hady Mawajdeh, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Mounsey, and hosted by Sean Rameswaram.
Transcript at vox.com/todayexplained
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