Foreign Policy Live The Future of Clean Energy
8 snips
Dec 20, 2024 John Podesta, President Biden’s Senior Advisor for International Climate Policy, discusses the precarious future of clean energy amidst political shifts. He dives into the wonders and critiques of the Inflation Reduction Act, which catalyzed nearly $500 billion in clean energy investments and aimed to revitalize marginalized communities. Podesta also navigates the complexities of U.S. clean energy policies against a backdrop of increased global competition, particularly with China, and stresses the importance of a worker-driven transition as the nation faces new challenges.
AI Snips
Chapters
Transcript
Episode notes
IRA's Impact
- The Inflation Reduction Act (IRA) significantly boosted clean energy investments across the US, creating jobs and factories.
- Reversing this progress would harm both the climate and the economy.
IRA's Targeted Investments
- The IRA's structure intentionally directed investments towards areas left behind in the modern economy, like traditional energy communities.
- This conscious strategy aimed to ensure these areas benefit from the energy transition.
Public Support for Clean Energy
- Public support for clean energy remains strong, despite economic concerns like inflation potentially overshadowing its benefits.
- The long-term effects of IRA will be felt for years, influencing the clean energy transition.