Stanford's Mark Jacobson Discusses the Likely Climate Effects of the OBBBA & the Current Status of Renewable Energy Development

The climate crisis is not a tragedy. It’s a crime. The July 4 signing of HR1, is the latest if not the greatest climate crime considering the current state of the earth’s energy imbalance or the ever-increasing amount of atmospheric GHG emissions that trap infrared radiation (heat) causing planetary warming. It’s estimated the OBBBA will over just the next five years add an extra seven billion tons of GHG emissions into the atmosphere - equal to more than one-years’ worth of total annual US carbon emissions. While it had been projected the US would reduce GHG emissions this decade by upwards of 43%, or get close us to a 50-52% reduction to align with the 2015 Paris Accord, the OBBBA will now reduce carbon emissions this decade by just 17%. The legislation rescinds virtually all IRA renewable energy tax credits while further subsidizing fossil fuels. Prof. Jacobson’s considerable contribution to understanding and addressing climate breakdown can be found at: https://web.stanford.edu/group/efmh/jacobson/. Information regarding his most recent book, “No Miracles Needed” (U. of Cambridge Press, 2023), is at: https://web.stanford.edu/group/efmh/jacobson/WWSNoMN/NoMiracles.html. Prof. Jacobson’s LinkeIn page is at: https://www.linkedin.com/in/mark-jacobson-1b58b38/. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.thehealthcarepolicypodcast.com