John Podesta will lead a new White House team that will oversee spending of the $369 billion in climate incentives included in the Inflation Reduction Act, according to an executive order obtained by POLITICO.
The White House will give John Podesta a team within the Executive Office of the President under the newly created White House Office on Clean Energy Innovation and Implementation.
The White House will give Podesta a team within the Executive Office of the President under the newly created White House Office on Clean Energy Innovation and Implementation. The order emphasized the new office, working in tandem with the climate policy office, would help speed clean energy deployment, reduce the cost of energy efficient appliances, boost U.S. domestic manufacturing that would create more jobs, put electric vehicles on the road and lower energy costs.
But even successfully executing the Inflation Reduction Act is not enough to meet Biden’s climate target, with independent models suggesting it will slash planet-heating gases 40 percent below 2005 levels by 2030 — 10 percentage points shy of Biden’s mark.
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