Last August, when the United States passed the 2022 Inflation Reduction Act (IRA), commentators celebrated the fact that the world’s biggest economy would slash its carbon emissions and provide massive tax credits to programs investing in clean energy. It took only a short while, however, for complaints to emerge. European and Asian leaders began to call the IRA unfair competition and protectionist.
Jonathan Pershing, formerly the Biden administration’s No. 2 global climate envoy, joined FP editor in chief Ravi Agrawal to discuss Washington’s climate policy, and how it is being seen around the world. The two also discussed climate cooperation with China, the road to COP28, and much else.
Video clips from this event
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Jonathan Pershing explains the costs and benefits of the Inflation Reduction Act for the rest of the world.
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Jonathan Pershing offers insight into the possible hurdles that a Republican-controlled House may bring when it comes to climate initiatives.
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Jonathan Pershing, a former advisor to four U.S. presidents on climate policy, shares that despite the COVID lockdown, a U.S. delegation was allowed to enter China twice for climate negotiations within the first year of the Biden administration.
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Jonathan Pershing on the debate over the loss and damage fund that was agreed upon at COP27 and the United States’ role in that debate.