A Democratic strategist who joined the Biden administration last year as senior advisor on clean energy innovation and implementation, Podesta said climate change is ushering in “a transformation of the global economy on a size and scale never heard of in human history.”
The Biden administration has pledged to reduce greenhouse gas emissions by 50% from 2005 levels by 2030. Despite his optimism, Podesta made clear that challenges remain, including transitioning the workforce and winding down oil and gas infrastructure. “The Republicans right now, as we’re speaking, are trying to push a repeal of the IRA through the House,” he said.“I don’t think their constituents want that; there’s so much investment taking place now in red states.”