Tag: climate movement
The Climate Movement Wanted More Than the IRA. Now What?
Since President Joe Biden signed the Inflation Reduction Act into law in August, the first major climate legislation in U.S. history has been smothered with praise: Journalists and climate experts have suggested that the IRA will “save civilization” and herald “an unstoppable transition.” Rather than punishing companies for their emissions, the law creates numerous financial incentives to encourage the growth of green industries and subsidize eco-friendly consumer purchases such as heat pumps and electric vehicles.
The roughly $370 billion that
Jerome Powell: Climate Activists Need Him as Fed Chair
In recent weeks, the climate movement has become caught in the middle of a fight that seemingly has nothing to do with the environment: Should President Joe Biden renominate Jerome Powell to lead the Federal Reserve?
The choice of who should run the country’s central bank has historically not captivated climate advocates—or many Americans, for that matter—yet it has carved the left into two opposing camps, each claiming to fight for a greener economy.
On one side, a group of