This week, President Biden signed a sweeping new bill into law, the Inflation Reduction

Act.

The Act touches on many things from healthcare to tax law, and one major element is reducing

climate change.

It directs nearly $400 billion in climate and energy programs including...

...incentives involving electric cars and solar and raising.

It's the largest climate investment in American history.

To find out more about how all of this is going to affect the energy sector, we wanted

to talk to someone in the middle of it.

I'm Pedro Pizarro and I'm CEO of Edison International.

Pedro Pizarro is CEO of one of the biggest public utility companies in the U.S., bringing

power to 15 million people in California.

And with a PhD in chemistry, he has the mind of a scientist.

Do you think the world is in a climate crisis?

Oh, absolutely.

I mean, we're living it here in California.

This is not something that's happening 20 years from now.

This is happening now.

It'll get worse over the next 20 years, but it's here.

And what would you say is the cause of it?

Well, I do trust the scientific community that has said that human cost reasons

have driven this.

...