Biden's climate bill sets US up to lead on clean energy, says Sec. Jennifer Granholm

GZERO World with Ian Bremmer

GZERO Media

Politics, News, Foreign Policy, News Commentary, Government, Geopolitics, International Relations, Ian Bremmer, Trump, Global Economy, Gzero World

4.7 • 830 Ratings

🗓️ 10 September 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Biden administration has pushed through the single largest climate spending package in US history. US Energy Secretary Jennifer Granholm joins Ian Bremmer on GZERO World to discuss how the new law could help the United States and the world respond to climate change. The Inflation Reduction Act is Biden's biggest legislative win since the American Rescue Act early in his term in office. It is intended to fight climate change by slashing carbon emissions from power generation and transport. According to Granholm, it will help by giving Americans incentives to use renewable energy in their cars and homes. And that, in turn, will lower the cost of energy prices at home. She also shares her perspective on Europe's current energy woes and hopes for an opening on climate cooperation with China.

Transcript

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0:00.0	There's only so long that people can stay under a weeks-long, months-long heat dome that is killing people before people rise up.
0:12.0	Hello and welcome to the GZero World Podcast.
0:15.5	This is where you'll find extended versions of my interviews on public television.
0:19.5	I'm Ian Bremmer and on this episode, how new legislation
0:23.1	in the United States has changed the global climate fight. The passage of the misnamed
0:28.7	Inflation Reduction Act has revived a sputtering Biden administration and represents the single
0:35.1	largest climate spending package in U.S. history.
0:38.4	Talk about how this new law could help America and the world respond to climate change.
0:43.3	I'm joined by U.S. Energy Secretary Jennifer Granholm.
0:46.7	Let's get to it.
0:53.8	The G0 World podcast is brought to you by our founding sponsor, First Republic.
0:59.0	First Republic, a private bank and wealth management company, places clients' needs first
1:04.0	by providing responsive, relevant, and customized solutions.
1:08.0	Visit FirstRepublic.com to learn more. In a world upended by disruptive international
1:14.3	events, how can we rebuild? On season two of Global Reboot, a foreign policy podcast in partnership
1:21.1	with the Doha Forum, FP editor-in-chief Ravi Agrawal engages with world leaders and policy experts to look at old
1:28.9	problems in new ways and identify solutions to our world's greatest challenges. Listen to season
1:35.1	two of Global Reboot, wherever you get your podcasts. Secretary Grant Homem, thanks so much for joining me, Angie Zero World.
1:49.8	You bet. Glad to be on.
1:51.5	Let me start by asking you about this headline piece of legislation.
1:56.2	Not a lot of people were optimistic it was going to get done.
2:00.3	The Inflation Reduction Act doesn't
	...

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