SURPRISING: Inflation Reduction Act Dramatically Boosts Marine Species Preservation
August 28, 2022
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3:11Now PlayingSURPRISING: Inflation Reduction Act Dramatically Boosts Marine Species Preservation
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as posted by the channelSince the Inflation Reduction Act was passed many are wondering how the climate change efforts will be affected. John Iadarola and Jordan Uhl break it down on The Damage Report.
Read more here:
As Congress funds hightech climate solutions, it also bets on a lowtech oneNature
"Tax breaks for electric vehicles. Huge incentives to ramp up carbon-capture facilities, urge green hydrogen production and boost U.S. manufacturing of solar panels, wind turbines and next-generation batteries. The landmark Inflation Reduction Act that passed Friday includes $369 billion in climate- and energy-related funding — much of it aimed at high-tech solutions to help nudge the world’s biggest historical emitter toward a greener future.
But beyond those headline-making investments, the legislation acknowledges a less-heralded but essential part of the effort to combat climate change: nature. Or, more precisely, that given a chance, nature can be a profound ally in the fight against climate change.
“It’s historic, without a doubt,” said Tom Cors, director of North America policy and government relations at the Nature Conservancy. He called new funding to protect forests and boost climate-friendly agriculture practices a “once-in-a-generation investment.”"
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