Video: Leah Stokes on the early impact and remaining challenges of the Inflation Reduction Act

The Inflation Discount Act (IRA), usually dubbed the “Local weather Invoice,” was signed into legislation greater than a yr in the past within the US and catalyzed more than $390 billion of funding within the clear power sector. However what particular modifications has it caused, and what obstacles stay?

Leah Stokes, an environmental coverage professor at UC Santa Barbara who incessantly advises Democrats on local weather laws, spoke with James Temple, senior editor for local weather and power, concerning the IRA’s early influence on the power transition. Stokes acknowledged vital progress in decarbonization efforts however mentioned there’s nonetheless a lot work to be performed to ensure that the cash is spent effectively and equitably throughout numerous power sectors.

In addition they spoke about a recent study led by Stokes, revealing that opposition to new wind tasks has been extra prevalent in whiter and wealthier communities. You’ll be able to watch the entire dialog beneath.