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The Hardest Working $27 Billion in the IRA
It’s potentially one of the most important — but least understood — provisions in the Inflation Reduction Act, and it’s finally out in the world. Last month, the Environmental Protection Agency spent $27 billion to set up new green banks across the country.
These new lending institutions could direct billions of dollars to supercharging decarbonization, financing new solar farms, geothermal projects, EV chargers, and more. They’ll also recycle their funding indefinitely, meaning they will likely last longer than any other provision in the law.
On this week’s show, Rob and Jesse bring you a…
The skinny
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