The misleadingly named Inflation Reduction Act authorizes destructively wasting about $400 billion as a sacrifice commanded by the Biden administration’s quasi-religion of climate change.
This spending will do essentially nothing to change global warming. Some in the public debate have noted environmental statistician Bjorn Lomborg’s work showing that the United Nations climate model predicts that the IRA’s programs will reduce the global temperature increase by 2100 by only 0.0005 to 0.0155 degrees Celsius (or 0.0009 to 0.028 degrees Fahrenheit).
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