BREAKING NEWS: West Virginia Senator Joe Manchin has reportedly reached a deal with Congressional Democrats on a sweeping climate and energy package to address the climate crisis, now called the Inflation Reduction Act of 2022 (IRA). This bill is our best – and maybe our only – chance to make real progress on fighting climate change and creating the just environmental and economic future the Biden administration promised voters.
This bill could be a major success for climate policy, thanks to tireless activists who have held Senate Majority Leader Chuck Schumer accountable to get Sen. Manchin to the table on climate.
But, among the desperately needed progressive measures in the IRA are hundreds of billions of dollars in poison pills – handouts to fossil fuels, false climate solutions, and Big Nuclear. These provisions would profit dirty and polluting energy industries at the expense of taxpayers, environmental justice, and TRUE investment in the 100% renewable, just, and sustainable energy future we deserve.
Of the $369 billion dollars, over $50 billion is slated for subsidies to aging nuclear reactors— a wasteful expenditure that will not create a single new job, reduce greenhouse gas emissions by any amount, nor make any progress towards climate action. The measure is nothing more than a corrupt bailout scam by the nuclear industry and their cronies in Congress.
We must ensure the Inflation Reduction Act is truly a strong package for climate, the economy, and for environmental justice. Now that negotiations are open, demand that Congress and the Biden administration eliminate the poison pills that will undo all the good promised by the IRA and invest billions MORE in climate solutions and environmental justice.
Center for Biological Diversity: Manchin Poison Pills Buried in Inflation Reduction Act Will Destroy Livable Climate
REPORT - Dr. Mark Cooper: Building a 21st Century Electricity System
Friends of the Earth: Biden backs $195 billion nuke bailout
US Climate Action Network: Vision for Equitable Climate Action
Rosa Luxemburg Stiftung-NYC: Nuclear Power and Climate Action