<
https://theconversation.com/made-in-america-how-bidens-climate-package-is-fuelling-the-global-drive-to-net-zero-214709>
"Just over a year since US President Joe Biden signed the Inflation Reduction
Act (IRA) into law, it’s becoming clear this strangely named piece of
legislation could have a powerful impact in spurring the global transition to
net zero emissions by 2050.
But the vast amount of investment unleashed by the IRA has raised tensions with
some of the United States’ closest allies, and creates risks, as well as
opportunities, for Australia’s transition to clean energy sources.
In his 2020 presidential campaign, Biden promised to commit the US to net zero
by 2050, and to spend US$2 trillion to get there – the biggest investment in
manufacturing since World War II. Biden is delivering on those promises.
The 2021 Infrastructure Investment and Jobs Act included about $100 billion for
electric vehicles and for speeding the electricity grid’s transition to clean
energy sources."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
