B4 THE ASTORIAN • SATURDAY, AUGUST 13, 2022 Sweeping climate bill pushes American energy to go green By SETH BORENSTEIN, MATTHEW DALY and MICHAEL PHILLIS Associated Press WASHINGTON — After decades of inaction in the face of escalating natural disasters and sustained global warm- ing, Congress hopes to make clean energy so cheap in all aspects of life that it’s nearly irresistible. The transformative legis- lation would provide the most spending to fi ght climate change by any one nation ever in a single push. The action comes 34 years after a top scientist grabbed headlines warning Congress about the dangers of global warming. In the decades since, there have been 308 weather disasters that have each cost the nation at least $1 billion, the record for the hottest year has been broken 10 times and wildfi res have burned an area larger than Texas. The crux of the long-de- layed bill, singularly pushed by Democrats in a closely divided Congress, is to use incentives to spur investors to accelerate the expansion of clean energy such as wind and solar power, speeding the transition away from the oil, coal and gas that largely cause climate change. The United States has put the most heat-trapping gases into the air, burning more inexpensive dirty fuels than any other country. But the nearly $375 billion in climate incentives in the Infl ation Reduction Act are designed to make the already plummet- ing costs of renewable energy substantially lower at home, on the highways and in the factory. Together these could help shrink U.S. carbon emis- sions by about two-fi fths by 2030 and should chop emis- sions from electricity by as much as 80%. Experts say it isn’t enough, but it’s a big start. “This legislation is a true game changer. It will create jobs, lower costs, increase U.S. competitiveness, reduce air pollution,” said former Vice President Al Gore, who held his fi rst global warming hearing 40 years ago. “The momentum that will come out of this legislation, cannot be underestimated.” The U.S. action could spur other nations to do more — especially China and India, the two largest carbon emit- ters along with the U.S. That in turn could lower prices for renewable energy globally, experts said. Because of the specifi c legislative process in which this compromise was formed, Rick Bowmer/AP Photo A workman from Power Shift Solar installs a solar panel in Salt Lake City in August. which limits it to budget-re- lated actions, the bill does not regulate greenhouse gas emissions, but deals mainly in spending, most of it through tax credits as well as rebates to industry, consumers and utilities. Investments work better at fostering clean energy than regulations, said Leah Stokes, an environmental policy pro- fessor at the University of Cal- ifornia, Santa Barbara. The climate bill is likely to spur billions in private investment, she said: “That’s what’s going to be so transformative.” The bill promotes vital technologies such as battery storage. Clean energy manu- facturing gets a big boost. It will be cheaper for consum- ers to make climate-friendly purchasing decisions. There are tax credits to make electric cars more aff ordable, help for low-income people making energy-effi ciency upgrades and incentives for rooftop solar and heat pumps. There are also incentives for nuclear power and proj- ects that aim to capture and remove carbon from the atmosphere. The bill moves to ensure that poor and minority com- munities that have borne the brunt of pollution benefi t from climate spending. Farm- ers will receive help switching to climate-friendly practices and there’s money for energy research and to encourage electric heavy-duty trucks in place of diesel. The Superfund program, used to pay for cleanup of the nation’s most heavily-pol- luted industrial sites, will receive more revenue from a bigger tax on oil. The Rhodium Group research fi rm estimates the bill would dramatically change the arc of future U.S. green- house gas emissions, cut- ting them by 31% to 44% in 2030, compared to what had been shaping up to be 24% to 35% by 2005 without the bill, said Rhodium partner John Larsen. Clean power on the grid, an upcoming Rhodium report says, would jump from under 40% now to between 60% and 81% by 2030, he said. “It’s not as big as I want, but it’s also bigger than any- thing we’ve ever done,″ said U.S. Sen. Brian Schatz, a Hawaii Democrat who leads the Senate climate caucus. “A 40% emissions reduction is nothing the U.S. has ever come close to before.″ As decisive a change as it is for U.S. policy and emis- sions, it still does not reach the offi cial U.S. goal of cut- ting carbon pollution roughly in half by 2030 to achieve net- zero carbon emissions across the economy by 2050. Not everyone is impressed. “This law is big for the U.S. but in global terms long overdue,” said Niklas Hohne, co-founder of the New Cli- mate Institute in Germany. “The U.S. has a long way to go on climate change and is starting from a very, very high emission level.” When U.S. historic car- bon emissions are factored in, U.S. spending still lags behind Italy, France, South Korea, Japan and Canada, according to Brian O’Cal- laghan, lead researcher at the Oxford Economic Recovery Project at the University of Oxford. He noted the bill has nothing to fulfi ll America’s broken promise of billions of dollars in climate aid for poor nations. President Joe Biden has frequently said America is back in the fi ght against cli- mate change, but other leaders have been skeptical with no legislation to back his claim. And there may be disap- pointment. Americans hop- ing to buy an electric car may fi nd many models ineligible for rebates until more com- ponents are made in the U.S. Local fi ghts over siting new renewable energy projects could also hamper the pace of the buildout, some experts said. Environmental justice communities are concerned they’ll be asked to accept new carbon capture projects. Classifieds Searching for Employees? PLACE YOUR JOB POSTING HERE Special Includes: • 2 Weeks in Print & Online • Logo Included • Facebook Boost • Featured Advertising Call at 503-325-3211 or email: classifieds@dailyastorian.com GARAGE SALE SELL YOUR VEHICLE HERE! SEASON IS HERE! If it Drives or Floats... 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