Featured in Going global – 09-2022

Framed as savings

Sometimes it’s not what you say, but how you say it. The passing of the US Inflation Reduction Act represented a watershed moment for global climate policy, by virtue of its sheer size and the manner in which it addresses numerous segments of the energy economy. But it is also notable for the way in which the policy frames climate action as making good economic sense, for businesses and households alike.
Sebastian Gatz from Von Ardenne at the company’s production facility in Dresden, Germany, with Jonathan Gifford. | Image: Von Ardenne/Falk Iser

A long-running strategy of obfuscation and misinformation by polluting industries has left an impression among many that action on climate change represents a cost, a sacrifice, and a burden. But renewable energy, with solar at the forefront, is actually the cheapest electricity source in most parts of the world. As energy prices spiral out of …

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