We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
{{ subpage.title }}
The road to becoming a sustainable energy superpower
A new legislation might save the US from a climate catastrophe. The passage of the Inflation Reduction Act has revived a sputtering Biden administration and represents the single largest climate spending package in US history. Ian Bremmer speaks to US Energy Secretary Jennifer Granholm on GZERO World to talk about how the new law could help America (and the world) respond to climate change, by giving American families and businesses carrots to use more clean energy rather than sticks from guzzling fossil fuels.
The IRA will do things like boost the domestic energy manufacturing sector or help the US show up at the upcoming COP27 climate summit in Egypt as a global leader on clean energy. Granholm believes that Russia's war in Ukraine has aggravated the energy crisis. Making the transition to clean energy even more urgent because the West no longer wants to rely on Russia to keep the lights on.
She also touches on Europe's current energy woes and hopes for an opening on climate cooperation with China. Despite a recent chill in ties over Taiwan, Granholm says President Biden is eager to reengage Beijing on things like clean hydrogen.
How Biden's climate bill moves the US towards clean energy
Despite its name, the recently passed US Inflation Reduction Act won't do much to tame rising prices. But it will do a lot to fight climate change by slashing carbon emissions from power generation and transport, Ian Bremmer explains on GZERO World.
Interestingly, the bill offers more carrots than sticks to encourage American families and businesses to use more clean energy, Ian Bremmer tells GZERO World. Also, it responded to the Supreme Court's ruling against the Environmental Protection Agency by reaffirming the EPA's authority to regulate greenhouse gas emissions.
Of course, there's a lot of stuff that climate activists which didn't make it into the text.
But overall, the biggest takeaway is that the US government now sees itself as a helping hand for the private sector to lead the way in the battle against climate change.
Supercharging US clean energy & achieving net zero 2050 globally
Despite its name, the US Inflation Reduction Act won't do much to tame rising prices. But it will do a lot to fight climate change by giving American families and businesses carrots to use more clean energy rather than sticks from guzzling fossil fuels.
What's in the bill, and how will it help accomplish the Biden administration's climate goals?
On GZERO World, Ian Bremmer speaks to US Energy Secretary Jennifer Granholm, who explains how Biden's climate bill will do things like bring back energy manufacturing jobs or help the US show up at the upcoming COP27 climate summit in Egypt as a global leader on clean energy. She also touches on Europe's current energy woes and hopes for an opening on climate cooperation with China.
Bonus: Using commercial drones against Russian forces in Ukraine.