4.7 • 9.2K Ratings
🗓️ 14 September 2023
⏱️ 11 minutes
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0:00.0 | There's a lot in the news these days, and sometimes the headlines just aren't enough. |
0:06.0 | Every Sunday on Up First, we bring you an in-depth exploration behind a major story. |
0:11.9 | We dive deeper into the details and why you should care. |
0:16.1 | Listen now to the Sunday story from NPR's Up First Podcast. |
0:31.0 | This is the indicator from Planet Money, I'm Whelan Wong. |
0:35.0 | And I'm Darian Woods. The Biden administration is putting billions of dollars into technology that will suck carbon out of the air. |
0:44.0 | This is technology that stirs up strong feelings in the climate community, like with former Vice President Al Gore. |
0:50.0 | These are giant vacuum cleaners that use an awful lot of energy. |
0:56.0 | It's technically feasible, but it's extremely expensive. |
1:00.0 | Yeah, stick with the medium-sized vacuum here. |
1:03.0 | No, we need giant ones, Darian. |
1:05.0 | That is from a TED Talk that Al Gore gave in July. |
1:08.0 | And these giant vacuum cleaners may be expensive, but the administration has committed billions of dollars in funding to this experimental technology. |
1:17.0 | It's all part of its climate industrial policy. |
1:22.0 | So yesterday on the show, we hosted a debate over whether the government should be subsidizing certain sectors in the name of economic growth. |
1:30.0 | And today, we're going to zoom in on one aspect of industrial policy that is front and center. |
1:35.0 | And that is green industrial policy. |
1:38.0 | In other words, climate technology and decarbonizing the economy. |
1:42.0 | So should the government be putting taxpayer money into giant vacuum cleaners? Are they even going to work? |
1:48.0 | We take a closer look at the different bets the government is making to tackle the climate crisis on an industrial scale. |
1:54.0 | And we meet one scientist who's putting this money to work. |
1:57.0 | That's all coming up after the break. |
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