The Inflation Reduction Act (IRA) will make a historic down payment on deficit reduction to combat inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by approximately 40% by 2030. Although this sounds significant, it may seem like this will have a limited impact on your life. However, this is not true. So in this episode, I am going to be talking about the August 2022 passing of the IRA and how this will have lasting effects on how we as a company can implement meaningful environmental policy in the future.
Listen in as we go over the major questions doctrine and why environmental policy is such a controversial subject. You will learn why it is so important that carbon dioxide emissions can now be classified as air pollutants, how this changes the future of environmental policy in the United States, and more.
Listen to the Full Episode:
What You'll Learn:
- What the Inflation Reduction Act is.
- How the IRA is significant.
- Why environmental policy is such a controversial subject.
- How the IRA is going to change the landscape when it comes to environmental regulation.
- What the major questions doctrine is.
- Why carbon dioxide emissions can now be classified as air pollutants.
Ideas Worth Sharing:
- “The authority through major questions doctrine has to come from Congress.” - Erik Bjornstad
- “People are too quick to assume the worst in decisions that they may not agree with.” - Erik Bjornstad
- “Even if we think the Supreme Court got a decision completely wrong, they still came to that decision through thoughtful and legal reasoning.” - Erik Bjornstad
- “The Inflation Reduction Act reiterated that carbon dioxide emissions can be classified as air pollutants, and that’s really important.” - Erik Bjornstad
- “The IRA completely changes the future of environmental policy in the United States.” - Erik Bjornstad
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