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The Senate is expected to consider a reconciliation bill misleadingly named the Inflation Reduction Act. The overall spending for the climate and energy provisions of the bill is a whopping $369 billion. The legislation, which is an effort to centrally plan energy use and production, promotes a Green New Deal wish list for far-left extremists, from their favored electricity generation, vehicles, to agricultural practices. In this latest edition of the Center for Energy, Climate, and Environment’s PowerCast, leading experts discuss what’s in the bill, its harmful policies, and why the bill wouldn’t help with inflation but would in fact make matters worse.
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