After years of political pressure, Democrats in Congress narrowly passed an historic climate bill at the end of 2022. Now, it’s time to implement it.
The Departments of Energy, Interior, Treasury, IRS, EPA, and state governments are set to deploy hundreds of billions of dollars for clean energy technologies. That means hiring lots of people into government, structuring new programs, and distributing dollars efficiently.
But the politics aren't over. With a Republican-controlled House, other pressures are emerging. The House Energy Committee has plans to investigate President Biden’s energy and climate actions. The DOE’s Loan Programs Office is under attack for its spending, which was recently increased by the Inflation Reduction Act. The Federal Energy Regulatory Commission will only have four commissioners instead of five because of objections over re-nominating Chairman Richard Glick.
How will these conflicts play out? And how will the actual work of implementing the Inflation Reduction Act get done?
This week Jennifer Dlouhy and Stephen Mufson join host Bill Loveless to discuss what to expect out of Washington D.C. this year.
Jennifer has been an energy and environment reporter for Bloomberg in Washington, D.C. since 2015. She has more than fifteen years of experience covering energy policy.
Stephen covers the business of climate change for the Washington Post. In his 30 years at the Post, he’s covered economic policy, China, diplomacy, energy and the White House.
With seemingly low possibilities to pass major climate and energy legislation, Bill, Jennifer, and Stephen discuss what the Biden administration and Republicans could focus on this year. They also talk about the role federal agencies will play.
