Climate science

The new Inflation Reduction Act is another handout in the wrong direction. It promotes the idea that wind and solar are the answers to the problem of climate change. There is an estimated $30 billion in production tax credits geared toward increasing the manufacturing of solar panels, wind turbines and batteries, as well as the processing of critical minerals, such as lithium and nickel, used in electric car batteries. There is also $10 billion in investment tax credits for the construction of facilities where those and other clean technologies would be made.  The bill would make available $20 billion in loans to build new U.S. facilities to make clean vehicles, as well as $2 billion in grants to reconfigure existing car factories for the same purpose. This money could have been directed toward nuclear power but instead will be sucked up by various green businesses and then will just disappear the same way it happened when Obama spent $90 billion on his new green energy plan. As long as politics is pushing aside science in the goal of solving climate problems the result will be just wasting money and getting in the way of a true solution.