The Washington Post continued to carry-water for the Biden administration this week; insisting the Democrats’ ‘Inflation Reduction Act’ will “certainly reduce the country’s greenhouse gas emissions.”
“With roughly $370 billion earmarked for clean energy, electric vehicles and carbon capture storage, the Inflation Reduction Act will certainly decrease the country’s greenhouse gas emissions. The question is by how much,” posted the newspaper on Twitter.
With roughly $370 billion earmarked for clean energy, electric vehicles and carbon capture storage, the Inflation Reduction Act will certainly decrease the country’s greenhouse gas emissions.
The question is by how much. https://t.co/OINilRWcWK
— The Washington Post (@washingtonpost) August 18, 2022
The Inflation Reduction Act — the health care and climate bill that was signed into law by President Biden on Tuesday — marks the largest climate action ever taken by the federal government. With roughly $370 billion earmarked for clean energy, electric vehicles and carbon capture storage, the bill will certainly decrease the country’s greenhouse gas emissions.
The most popular number — the one that has been repeated by the president, scientists and journalists alike — is 40 percent. In a statement released shortly after the deal was reached, Democratic senators Charles E. Schumer (N.Y.) and Joe Manchin III (W.Va.) claimed the new bill would, by 2030, cut emissions 40 percent from 2005 levels. That figure was later supported by results from three independent modeling teams. Rhodium Group, an economics and energy research firm, estimated that the bill would cut emissions by 31 to 44 percent by 2030; Energy Innovation, a climate think tank, predicted a reduction of 37 to 41 percent; and a group of Princeton University researchers called the REPEAT project calculated a carbon dioxide cut of around 42 percent.
There it is: another biden victory! Are you tired of winning yet? Because I’m not!
I fail to see how reducing carbon emissions is a bad thing. Unless you have dismissed the evidence that climate change is real and being caused by human activity? This is the scientific consensus and is supported by DECADES of research. Now, I know most conservatives have a dim view of education and science. But climate change is real… whether you choose to believe it or not. Do not be swayed by hucksters telling you otherwise.
Even oil companies have known about climate change for decades. They did their own research and concluded it was real. And then hid their findings and lied to governments around the world! You think climate scientists are profiting from their research? Follow the money, the real money, the BIG money, and it leads back to oil.
An article about what oil companies knew and when:
https://theconversation.com/what-big-oil-knew-about-climate-change-in-its-own-words-170642
Oil companies profits ($52 trillion since 1970!):
https://www.theguardian.com/environment/2022/jul/21/revealed-oil-sectors-staggering-profits-last-50-years