The Hardest Working $27 Billion in the IRA

The Hardest Working $27 Billion in the IRA

It’s potentially one of the most important — but least understood — provisions in the Inflation Reduction Act, and it’s finally out in the world. Last month, the Environmental Protection Agency spent $27 billion to set up new green banks across the country.


These new lending institutions could direct billions of dollars to supercharging decarbonization, financing new solar farms, geothermal projects, EV chargers, and more. They’ll also recycle their funding indefinitely, meaning they will likely last longer than any other provision in the law.


On this week’s show, Rob and Jesse bring you a user’s guide to these new green banks and what they might mean for decarbonization. The episode features two conversations: First, Rob speaks with Jahi Wise, the former director for the Greenhouse Gas Reduction Fund program at the Environmental Protection Agency. Second, Rob and Jesse chat with Dawn Lippert, the founder and CEO of Elemental Impact, a climate tech investment and nonprofit organization. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.


Mentioned:


The EPA’s $27 billion GGRF announcement


The three big new green banks: Climate United, Coalition for Green Capital, Power Forward Communities


Elemental’s $100 million in new funding from GGRF


Jesse’s upshift (and the new facility in Flint, Michigan); Rob’s upshift.


--

This episode of Shift Key is sponsored by …


Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.


As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.


Antenna Group helps you connect with customers, policymakers, investors, and strategic partners to influence markets and accelerate adoption. Visit antennagroup.com to learn more.


Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(145)

Why This El Niño Looks Like a Monster

Why This El Niño Looks Like a Monster

Every few years, the Pacific Ocean’s surface waters become especially warm near the equator, a climatic phenomenon known as El Niño.El Niño is a normal part of the climate system, but even in a normal...

12 Elo 47min

The Big — But Fixable! — Problems in America’s R&D Ecosystem

The Big — But Fixable! — Problems in America’s R&D Ecosystem

At this point, when you hear “venture capitalist,” you probably think of … software. Or artificial intelligence. Or cryptocurrency.The Engine Ventures, which spun out of MIT a few years ago, is differ...

6 Elo 57min

Permitting Reform, Data Centers, and More With Senator Heinrich and Secretary Granholm

Permitting Reform, Data Centers, and More With Senator Heinrich and Secretary Granholm

The Democratic Party’s climate and energy policy is at a difficult moment. Over the past year and a half, the Trump administration has attacked solar and wind energy, started an inflationary war, and ...

3 Elo 33min

What a Permitting Reform Deal Could Look Like

What a Permitting Reform Deal Could Look Like

There’s really one one good thing that could happen this year in Congress for clean energy: permitting reform. If lawmakers reached a bipartisan deal on the country’s permitting system, they could mak...

29 Heinä 1h 18min

What Barbecue Sauce Has in Common With Carbon Removal

What Barbecue Sauce Has in Common With Carbon Removal

Charm Industrial is a climate tech company that takes biomass and converts it into a heavy, carbon-rich oil that can be injected underground, transmuting and storing the greenhouse gas far from the at...

24 Heinä 1h 3min

The Company That’s Raised $60 Million to Geoengineer the Planet

The Company That’s Raised $60 Million to Geoengineer the Planet

For more than 30 years, a heterodox group of scientists have proposed injecting sulfate aerosols into the stratosphere to reflect sunlight away from Earth, thereby cooling the atmosphere and reversing...

15 Heinä 1h 1min

The New Paper Arguing Biden’s Power Sector Emissions Cuts Are Largely Intact — Even Under Trump

The New Paper Arguing Biden’s Power Sector Emissions Cuts Are Largely Intact — Even Under Trump

Wait, is the climate policy landscape … in better shape than it looks?Just over a year ago, President Trump passed the One Big Beautiful Bill Act. It repealed many of the Biden administration’s most a...

6 Heinä 49min

Why Meta’s Longtime CTO Is Investing in Climate Tech

Why Meta’s Longtime CTO Is Investing in Climate Tech

It has been a hard few years for climate tech. But we recently got a bright spot: Earlier this month, Gigascale Capital announced it had raised $250 million to build the physical infrastructure drivin...

30 Kesä 54min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
politiikan-puskaradio
ootsa-kuullut-tasta-2
rss-ootsa-kuullut-tasta
otetaan-yhdet
rss-vaalirankkurit-podcast
rss-podme-livebox
rss-seksicast
tervo-halme
rikosmyytit
aihe
the-ulkopolitist
rss-bimbolia
rss-asiastudio
rss-vain-talouselamaa
rss-raha-talous-ja-politiikka
rss-merja-mahkan-rahat
et-sa-noin-voi-sanoo-esittaa
rss-50100-podcast