What Our Experts Learned From the Fight to Save the IRA

What Our Experts Learned From the Fight to Save the IRA

The Inflation Reduction Act, the historic climate law that Joe Biden signed in August 2022, was forged from the ashes of Democrats’ failure to enact a national carbon price a decade earlier. Lessons learned from that effort led to a policy package built around carrots rather than sticks, which could be passed through the filibuster-proof budget reconciliation process.The strategy was successful in the sense that it got the IRA through Congress. …