Is Decarbonization Dead?

Ezra Klein interviews Jesse Jenkins and Jane Flegal about the impact of recent political developments, specifically a new bill, on climate policy and clean energy initiatives in the United States. They discuss the Inflation Reduction Act's original goals, the progress made in renewable energy sectors like solar and electric vehicles, and the setbacks caused by the new legislation, which significantly cuts tax credits for wind, solar, and EVs. The conversation covers the ideological and economic factors driving these policy changes, the potential consequences for energy affordability and international competitiveness, and the future of climate action, including the need for permitting reform and investment in innovative technologies. They also touch on the role of carbon taxes and the importance of maintaining a competitive edge in the global clean energy market.