Canary Media reporter Julian Spector discusses how the Inflation Reduction Act is spurring clean tech manufacturing jobs in politically conservative states.
Assertion Supported
The US currently lacks commercial-scale green hydrogen production facilities
“We actually don't have capacity to do that in the U.S. Today. There's a lot of Fossil-based carbon-emitting hydrogen in the US today. I couldn't find any, like, commercial scale, like, real operation pumping out green hydrogen yet”
Prediction Not checkable as stated
Spector: Home battery pack supply constraints have effectively ended
“It's just kind of a whole new world where instead of having that whole market dependent on, like, how many units Tesla feels like shipping this quarter there's now seemingly not going to be any real constraint on the supply of battery packs to homes.”
Prediction Not checkable as stated
Spector: A real carbon capture market will emerge this decade
“I think we might actually start seeing a real carbon capture market appearing in, in the next decade because of these credits.”
Assertion Supported
IRA Puts US on Track for 40% Emissions Cut by 2030
“If you average out the outlooks now We're headed for, on the high end of the spectrum, cutting the U.S. Emissions economy-wide, 40% from the 2005 levels by 2030.”
Opinion
Spector: Hawaii transition failure would be an unforced error aiding critics
“If things don't go smoothly, it certainly could give fodder to people who say that, hey, it's dangerous to move too fast on this stuff, or, you know, we need these coal plants, they're reliable, and this new, newfangled stuff isn't. You know, so that, that wou…”
Assertion Supported
US DOE commits $7 billion to regional hydrogen hubs
“President Biden announced these hydrogen hubs where the DOE is, is putting a total of seven billion dollars into these regional clusters of hydrogen production and use and transportation and distribution in different corners of America.”