Carrots Are More Durable Than Sticks
Legal Planet: Environmental Law and Policy 2024-11-04
Summary:
it’s hard to repeal subsidies and tax credits. We’re seeing that right now in Congress. There’s been a lot of talk by Trump and others of blowing away the IRA. But many billions of dollars of IRA investments are being made in Republican congressional districts. And this has had an effect. Subsidies won’t solve the climate crisis on their own, but they provide a solid economic and political foundation for climate policies of all kinds.