
Some thoughts on the Inflation Reduction Act
Volts
00:00
The Good Parts of This Bill Are Better Than They Look
There's just an enormous amount of emission reductions in the bill, but that number is understated because there are something like 26, 27 billion dollars an there for a green bank. And then also another thing can't really be modelled. The loan program office is amazing under his watch, and is going to be seeding lots of early stage projects to the tune of tens of billions of dollars. None of that gotModelling has now been done by three separate modelling firms,. They all more or less agree this gets around forty % emission reduction by 20 30%. Stated goal, per a schumer, what schumer said he wanted. It super sucks.
Play episode from 46:07
Transcript


