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EVs and Solar: What’s with the Rage About US Joining Fight Against Climate Chaos?
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The U.S. finally is getting its act together on climate with big new tax credits for people who buy electric vehicles (EVS) and go solar and incentives for companies to do invest in green production. So why are European and Asian governments steaming mad at us and screaming “trade barrier!!” in numerous languages, instead of cheering our better-late-than-never climate action? Especially given we only have less than 10 years to take drastic measures or face dire climate catastrophe! Will the Biden administration cave in and roll back these excellent new policies that were explicitly designed to simultaneously counter the interrelated crises of climate chaos, supply chain meltdowns causing shortages and inflation, and economic inequality and anxiety?
On this episode of Rethinking Trade with Lori Wallach we unpack what was in the Inflation Reduction Act and how it can help more people get an EV, go solar, have reliable supplies of such products and good jobs making them. Ben Beachy, the Vice President of Manufacturing and Industrial Policy at the BlueGreen Alliance explains it all. Plus, Ben and Lori make sense of the short-sighted sniping from other countries. (Hint: Think circular firing squad!)
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