Clear-eyed critics and frontline activists say the “historic” Inflation Reduction Act is a “ransom note” from the fossil fuel industry holding our planet hostage.

While many environmental advocates celebrate the Senate Democrats’ climate deal this week, frontline activists and more critical voices continue to note that the legislation, whatever its promises and upsides, remains an inadequate response to the global emergency that will likely further harm communities already affected by fossil fuel pollution.
The Senate approved the Inflation Reduction Act (IRA) in a party-line vote Sunday and it is expected to pass the Democratic-controlled House as soon as Friday.
Writing for Jacobin in the wake of the Senate vote, Branko Marcetic called for being “clear-eyed” about the package, adding that “the urge to smooth over the IRA’s serious flaws was understandable when its prospects of passing sat on a knife edge. But after passing the Senate, it’s now overcome its biggest hurdle.”
[Read on]