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Foreign Policy Live

The Future of Clean Energy

Foreign Policy Live

Foreign Policy

News Commentary, News, Politics

4.1622 Ratings

🗓️ 20 December 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

The incoming Trump administration is expected to gut a key piece of President Biden’s climate legacy: the Inflation Reduction Act. How will rolling this law back shape energy policy in the future? And what does this mean for the Paris Climate Accords? The Biden administration’s top climate diplomat, John Podesta, joins FP Live to discuss.  Suggested reading (FP links are paywall-free):       Transcript: Will Trump Dismantle Biden’s Clean Energy Initiative Cameron Abadi and Adam Tooze: The Complicated Legacy of Biden’s Climate Legislation Tim Hirschel-Burns: On Climate, Paying Now Is Cheaper Than Paying Later Jason Bordoff and David R. Hill: The Key to a Successful Trump Energy Agenda Is Electricity Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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Hi, I'm Ravi Agruwal, Foreign Policies Editor-in-Chief.

1:06.4

This is FP Live.

1:11.7

How will history judge the Biden administration?

1:15.3

I guess it depends on which issue you want to focus on.

1:18.6

But if you take climate change, for example, there is little doubt that the current

1:22.8

White House exerted significant political capital to promote a bold climate agenda.

1:29.2

Now, climate activists can and will criticize the administration's record oil and gas production,

1:34.9

and they can also say that the United States hasn't done enough to help the least develop

1:39.2

countries with mitigation and adaptation, fair criticisms.

1:44.0

But still, the Inflation Reduction Act, weirdly named as it is,

1:48.8

created massive incentives for companies to invest in clean energy.

1:53.2

And the question on everyone's minds seems to be,

1:56.6

will the next White House roll back that progress?

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