August 9, 2022

Inflation Reduction Act

Summer 2022 has brought home the idea that the summer season is now the danger season. It seems like the entire northern hemisphere is experiencing extreme heat, or flash drought, or wildfires, or extreme rain and flooding - and all this even though it's been a very quiet hurricane / typhoon season so far.

So the passage of the cleverly named Inflation Reduction Act by the US Senate is welcome relief amid the multiple ongoing crises which I won't enumerate here: You know what's keeping your brows furrowed.

It is a welcome thing that a lot of the initial coverage of the IRA has been about the money savings for ordinary American families, in their energy bill and when they are ready to buy an electric car, for instance. More of them need to start talking about the jobs this will bring: lots of jobs, with good benefits.

The bill is not perfect. And it still needs to get through the House. It is still susceptible to intense lobbying, both from the corporations who stand to lose profits, as well as the rest of us who prefer a livable climate. But the fact that it passed the hurdle of the divided US Senate is significant. US climate action is finally catching up to the other developed countries, and that's worth celebrating. 

No comments:

Post a Comment

You have an opinion: Let's hear it.
(Comments are moderated; please be patient).