While the broader Inflation Reduction Act will substantially cut carbon emissions, the new tariffs on Chinese EVs will have the opposite effect. They risk derailing the transition to EVs, and they pit U.S. middle-class consumers against auto workers and shareholders.
And it's actually happening.
Spoiler: It's actually happening, and practice shows it's cheaper than most think.
Cutting carbon cuts "fossilflation" — and yes, that needs to be balanced against "greenflation." The Inflation Reduction Act tackles both, but getting the balance right will be key.
The widely recited “12-year deadline” to avert catastrophe is wrong — and right.
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Either a tax or a cap can put a price on climate pollution. The goal is to reduce it.
Spoiler alert: Yes.
LEDs alone won’t solve global warming or global poverty, but they are a step in the right direction for both.
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The Social Cost of Carbon