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TILclimate
America’s Big Year of Climate Action
Aug 16, 2023
Dr. Liz Reynolds, former Special Assistant to the President, discusses America's largest investment in climate change. They delve into the importance of investing in infrastructure, US dependency on foreign technologies, challenges in distributing climate-related assistance, and collective responsibility.
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Quick takeaways
- Industrial policy plays a crucial role in kick-starting the market and addressing national concerns by incentivizing private sector investment in technologies and industries important for national and economic security.
- The three laws - the Infrastructure Investment and Jobs Act, the Chips and Science Act, and the Inflation Reduction Act - together commit almost half a trillion dollars to slowing and adapting to climate change, with a focus on investing in infrastructure, reducing dependency on other countries, and transitioning to clean energy.
Deep dives
Industrial Policy and Climate Strategy
The podcast discusses the importance of industrial policy in addressing climate change. Industrial policy refers to the use of tools by the government to incentivize private sector investment in technologies and industries that are important for national and economic security. The three laws - the Infrastructure Investment and Jobs Act, the Chips and Science Act, and the Inflation Reduction Act - together commit almost half a trillion dollars to slowing and adapting to climate change. These laws focus on investing in infrastructure, reducing dependency on other countries for resources and technologies, and transitioning to clean energy. Industrial policy plays a crucial role in kick-starting the market and addressing national concerns.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode