<
https://theconversation.com/a-reversal-in-us-climate-policy-will-send-renewables-investors-packing-and-australia-can-reap-the-benefits-258388>
"President Donald Trump is trying to unravel the signature climate policy of
his predecessor Joe Biden, the
Inflation Reduction Act, as part of a sweeping
bid to dismantle the United States’ climate ambition.
The
Inflation Reduction Act, or IRA, is a A$530 billion suite of measures
that aims to turbocharge clean energy investment and slash emissions in the US.
Once hailed as a game-changer for the global clean energy transition, it set in
train a fierce international competition for renewable energy investment.
But the policy is now hanging by a thread, after the US House of
Representatives last month narrowly passed a bill to repeal many of its clean
energy measures.
Should the bill pass the Senate, billions of dollars in renewables investment
once destined for the US could be looking for a new home. Now is the time for
the Albanese government to woo investors with a bolder program of climate
action in Australia."
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
