How the Inflation Reduction Act sparked a manufacturing and clean energy boom

Some 271 manufacturing projects for clean energy tech and electric vehicles have been announced since the IRA passed.

Aug. 20, 2024, 7:22 AM CDT / Source: CNBC

By Spencer Kimball, CNBC and Gabriel Cortés, CNBC

The Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of dollars of investment, particularly in rural communities in need of economic development.

The future of those investments could hinge on the outcome of the U.S. presidential election. The prospect of a Republican victory has shaken the confidence of some investors who worry the IRA could be weakened or in a worst-case scenario repealed.

Companies have announced $133 billion of investments in clean energy technology and electric vehicle manufacturing since President Joe Biden signed the IRA into law in August 2022, according to data from the Massachusetts Institute of Technology and the Rhodium Group.

Actual manufacturing investment has totaled $89 billion, an increase of 305% compared to the two years prior to the IRA, according to MIT and Rhodium. Overall, the IRA has leveraged half a trillion dollars of investment across the manufacturing, energy and retail sectors, according to the data.

“It is having a transformative effect within the manufacturing sector,” said Trevor Houser, a partner with the Rhodium Group. “The amount of new manufacturing activity that we’re seeing right now is unprecedented in recent history, and is in large part due to new clean energy manufacturing facilities.”

Some 271 manufacturing projects for clean energy tech and electric vehicles have been announced since the IRA passed, which will create more than 100,000 jobs if they are all completed, according to the advocacy group E2, a partner of the National Resources Defense Council. The investments sparked by the IRA have been a boon for rural communities in particular, Houser said.

“Unlike investment in AI and tech and finance, which is clustered in big cities, clean energy investment really is concentrated in rural communities, and is one of the brightest sources of new investment in those areas,” Houser said.

The IRA has also accelerated the deployment of renewable energy, with $108 billion in invested in utility-scale solar and battery storage projects. Investments in solar and battery storage have surged 56% and 130%, respectively, over the past two years, according to the Rhodium data.

“The more mature technologies, so like wind and solar generation, electric vehicles, those have achieved escape velocity,” Houser said. “They will continue to grow no matter what. It’s a question of speed.”

Trump threats to IRA

But the “manufacturing renaissance” is still in its early stages and remains fragile, Houser said. Without the IRA, the resurgence of new factories would not have taken off, said Chris Seiple, vice chairman of Wood Mackenzie’s power and renewables group.

Former President Donald Trump has threatened to dismantle the law as he advocates for more oil, gas and coal production.

“Upon taking office, I will impose an immediate moratorium on all new spending grants and giveaways under the Joe Biden mammoth socialist bills like the so-called Inflation Reduction Act,” Trump told supporters at a May rally in Wisconsin.

“We’re going to terminate his green new scam,” he said. “And we’re going to end this war on American energy — we’re going to drill, baby, drill.”

https://www.nbcnews.com/business/energy/inflation-reduction-act-sparked-manufacturing-clean-energy-boom-rcna167315

Starry, Starry Nights at Dark Sky Preserves

Dark sky tourism is on the rise as travelers head to remote destinations to catch a glimpse of the dazzling night sky.

Crai S. Bower

Some time ago, many animals, including saber-toothed tiger and woolly mammoth, failed in their attempts to rid the community of grizzly bear, whose mean-spirited behavior had upset nature’s balance. That is until the birds, led by robin, pierced grizzly’s heart. Grizzly’s blood reddened the robin’s breast and, as he shook in pain, cloaked the autumn leaves in red and orange.

“The Creator placed the grizzly bear constellation in the night sky to remind us that bullying others carries consequences,” says Matricia Bauer, an Indigenous Knowledge Keeper from Sturgeon Lake Cree Nation. “Our creation story also tells of the star woman falling from the sky to become our people.”

It’s a brisk March evening, and I’m sitting with Bauer by the fire beside Beauvert Lake in Jasper, Alberta, waiting for the gunmetal-colored sky to darken and reveal a palette of seemingly infinite stars. I’m visiting to explore the most accessible and second-largest Dark Sky Reserve in the world.

Shining star: Matricia Bauer, Indigenous Knowledge Keeper from Sturgeon Lake Cree Nation, leads Warrior Women, a collective presenting cultural education through drum and song. (Courtesy Tourism Jasper)

“An elder taught me that when you used to look at the night sky and see all the stars, the Creator also looked down on Earth and saw our fires in reflection. Today, instead of fires sparkling across the landscape, our continents are outlined by the glare of artificial light. People must travel to find the night sky.” (snip-MORE )

This is so good-

Thanks to Zorba

I love Jim Hightower!

Project 2025 in Two (2) Minutes …

Staying Cool: Helpful Hints From History

Take a look back at how others have survived—and thought about—the high heat of summer.

By: Matthew Wills  July 28, 2024

In an episode of The Twilight Zone called “The Midnight Sun,” first broadcast in November 1961, the apocalyptic temperature of an Earth getting ever closer to the Sun is represented by a thermometer bursting at…130°F. On July 5, 2024, Palm Springs, California, reached 124°F, while the next day, Death Valley hit 128°F, amidst a shattering of triple-digit temperature records across the American West.

Benchmarks have shifted. In 1961, the amount of carbon dioxide (CO2) in the atmosphere was 318 parts per million by volume (ppmv). CO2 is a greenhouse gas, acting as atmospheric insulation, preventing heat radiation from dissipating into space. Last year, 2023, the amount of CO2 in the atmosphere was 421 ppmv. It continues to increase, not least as we battle the resulting heat by burning fossil fuels to stay cool. We’re in a global greenhouse, and the doors seem to be locked as we paradoxically produce more CO2 to stay cool in the face of heating caused by the production of more CO2.

Humans have long worked to beat the heat, especially in the tropics and in deserts. Their perfectly rational strategies—stay out of the midday sun, live underground, cover up completely—may once have been criticized by those from temperate zones, sometimes in racist terms, but more and more parts of the world are having to learn the lesson of those strategies.

A sign outside an air conditioned American restaurant points to the 'White Rest Rooms', in a clear indication of racial segregation, circa 1960.
A sign outside an air-conditioned American restaurant points to the “White Rest Rooms,” in a clear indication of racial segregation, circa 1960. Getty

What, after all, would it be like without air conditioning? Take a look at this Before Air-Conditioning piece in Scientific American’s “Hints for Keeping Cool.” Published in July 1858, the piece begins with a dietary suggestion: eat “fruits, vegetables, and farinaceous food, and the lighter kinds of meat.” In 1858, the amount of CO2 in the atmosphere was 286 ppmv. Seven years earlier, Dr. John Gorrie, striving to cool down his malaria and yellow fever patients in Florida, patented the first ice-making machine (1851, 285 ppmv).

The first modern, electrical air condition system dates to 1902 (297 ppmv), when inventor Willis Carrier cooled and dehumidified the Sackett-Wilhelms Lithographic & Publishing Company in Brooklyn, New York. The publishing company was most concerned about humidity warping their paper supplies. Carrier is still a going concern.

A little over a century after Scientific American’s helpful hints, The Science News-Letter’s “Keeping Cool in Summer Heat” (1961: 318 ppmv) wasn’t so very different.

“If you suffer from heat frustration when the mercury hits the 90’s, a little scientific knowledge of summer heat can help your body temperature and state of mind remain well within the comfort zone,” the editors claim.

These hints were essential for those without air conditioning, that wonder of the twentieth century. Try to imagine cars, theaters, restaurants, the suburbs, office towers, apartment blocks, malls, et cetera, without A/C. The post-World War II population growth across the Sun Belt, stretching from Southern California to North Carolina, would most likely not have been possible without it.

In his exploration of how A/C transformed the South, Raymond Arsenault quotes a Floridian circa 1982 (341 ppmv).

“I hate air conditioning,” the woman confirmed. “It’s a damnfool invention of the Yankees. If they don’t like it hot, they can move back up North where they belong.”

But most people—in the South and elsewhere—welcomed A/C with a passion. Arsenault notes that historians tended to shy away from writing about the transformative power of air-conditioning on the South because they were leery of falling into an old climate-is-destiny paradigm. In the first three decades of the twentieth century, the South’s climate was held responsible for everything from the Southern drawl to plantation slavery. Climate determinism faded by mid-century (1950: 311 ppmv), as the “long hot summers” of the Civil Rights years transitioned into the “New South,” supposedly post-racial but definitely all indoor-cooled.

Inside The Homes of Black History Legends

This is a slide show, on the page. I sometimes enjoy seeing bits of the lives of people I admire. Click through to see the slide show, here’s a snippet of the text:

-Almost everyone has been on those Victorian house tours where they give stories about the white people who lived there, potential ghosts sightings and whatnot.

-Well, allow us to take you on a trip through the homes of some of the most beloved Black history legends. Not everyone stops to think about the four walls Martin Luther King Jr. grew up in or the massive estate of Madame C.J. Walker, both of which are among other historic locations preserved for touring. The architecture, lofty details and machinery we wouldn’t even know how to operate today, but they keep alive the memory not only of our historical figures but also show us what Black life looked like through their lens.

-If you’re planning a trip to some of these historical sites, first take get a preview into the homes of some our favorite Black historical figures. (snip-photos on the page, with More)

https://www.theroot.com/inside-the-homes-of-our-black-history-legends-1851599161

A Prayer for Resistance. Please join, if you will.

The West Bank: Last Week Tonight with John Oliver (HBO)

Let’s talk about shifting opinions on Project 2025….