Al Gore: ‘The Inflation Reduction Act Is Primarily a Climate Act’

GORE: You know, we tend to emphasize the bad news, and there is unfortunately, a lot of it. But there’s a lot of good news as well. And — and I just want to cover some of it. In my country, we passed the Inflation Reduction Act, which is primarily a climate act, $369 billion, which will actually be much larger than that, because the heavy lifting is done by tax credits that are very long-term, some of them actually open ended, and the early investments that have already been triggered by it give a great deal of reason — many reasons for believing it’s going to be much larger than $369 billion. So I’m very encouraged by that.”