Biden’s Bill Has Significant Funding for Climate but 10% of What’s Needed

>> Watch interview found on theAnalysis.news

In an interview with Paul Jay, PERI's Robert Pollin breaks down the Inflation Reduction Act and its potential impact on climate change. He argues that although it is a step in the right direction, it does not phase out fossil-fuel use and only accounts for about 10 percent of what is needed to hit the 2030 reduction target.

For a detailed look at the Inflation Reduction Act investments, read "Job Creation Estimates Through Proposed Inflation Reduction Act," by Robert Pollin, Chirag Lala and Shouvik Chakraborty.