How will Biden handle his first major climate decision after Inflation Reduction Act? ...Middle East

News by : (The Hill) -
With the passage of the Inflation Reduction Act, the U.S. has finally put a substantial down payment toward the clean energy transition needed to address the climate crisis. But like a 30-year home mortgage, even a hefty down payment doesn’t settle the debt. Every month over the course of decades, you have to keep paying down that mortgage. The Inflation Reduction Act makes a hefty commitment of resources toward building clean energy, but unless we stop burning fossil fuels, our carbon debt will continue to grow. That’s why impending decisions about federal subsidies for fossil fuel-burning power plants are so important. A proposed combined-cycle gas power plant in Superior, Wisconsin

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