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Politics

The Inflation Reduction Act Turns 2

On the climate law’s anniversary, sodium-ion batteries, and hazy skies

The Inflation Reduction Act Turns 2
Heatmap Illustration/Getty Images

Current conditions: A large wildfire is burning out of control in Izmir, Turkey • Typhoon Ampil has prompted thousands of evacuation orders in Japan • The National Oceanic and Atmospheric Administration confirmed that last month was the hottest July ever recorded.

THE TOP FIVE

1. Democrats commemorate IRA anniversary with Harris-Walz climate fundraiser

Today marks the two-year anniversary of the signing of the Inflation Reduction Act, President Biden’s signature climate legislation. To commemorate the event, the Democratic National Committee is hosting a virtual fundraiser for the Harris-Walz presidential campaign at 3pm EDT. The “Climate Voters for Harris Kickoff Call” will highlight the IRA’s accomplishments, and feature comments from former climate envoy John Kerry, Jane Fonda, educator Bill Nye (The Science Guy), and other guests. VP Harris herself will be busy today giving her first major policy speech in North Carolina. She reportedly plans to call for the construction of 3 million new housing units during her first term, a move Heatmap’s Robinson Meyer applauds. After all, he says, housing policy is a climate policy issue: “If America hopes to reach net-zero by 2050, then one of the easiest and cheapest ways for it to do so will be to build more housing, especially in cities and transit-connected suburbs.”

2. East Coast skies darkened by Canadian wildfire smoke

Hazy skies have returned to the East Coast as Canadian wildfire smoke drifts across the country. Air quality has been affected in cities including New York, Baltimore, Boston, D.C., and Philadelphia. The smoke is expected to linger today but could disappear this weekend with the arrival of rain.

X/NWSNewYorkNY and EarthCam

Climate change is making wildfires more frequent and more destructive. There are nearly 900 fires burning in Canada right now, many of which remain out of control, as illustrated below by the red and purple dots:

Canadian Interagency Forest Fire Centre

3. First U.S. sodium-ion battery gigafactory coming to North Carolina

Leading sodium-ion battery startup Natron Energy announced yesterday it is building a massive $1.4 billion manufacturing plant in North Carolina. Natron already has a facility in Michigan, which is the only commercial scale sodium-ion battery plant in the country. Its new operation will be the first sodium-ion battery gigafactory in the U.S., capable of producing 24GW of batteries every year and representing a 40-times scaling up of production. The factory will create 1,000 clean energy jobs. As Heatmap’s Katie Brigham explained, sodium-ion technology “performs roughly the same as lithium-ion in energy storage systems,” but is far more abundant in the U.S. than lithium, cheaper, and also appears less likely to catch fire than lithium-ion. Research and consulting firm Benchmark Mineral Intelligence expects to see a 350% jump in announced sodium-ion battery manufacturing capacity this year alone. And while the supply of these batteries is only in the tens of gigawatts today, Benchmark forecasts that it will be in the hundreds of gigawatts by 2030.

4. Orsted delays Revolution Wind project

Danish renewable energy company Orsted, the world’s largest offshore wind developer, announced yesterday it is pushing back the launch of its Revolution Wind project, located off the coast of Rhode Island and Connecticut. The project is now expected to start commercial operations in 2026 instead of 2025. The construction delay will cost Orsted $472 million. The company also abandoned its plan to develop green fuels for various industries including shipping and aviation, even though it had already begun construction on the plant. In total, Orsted recorded $575 million in impairment losses in the second quarter of this year.

5. Carbon Mapper methane satellite set for launch today

Yet another methane satellite is launching into orbit today, as early as 11:19 a.m. Pacific time, on a SpaceX rocket. Developed by a coalition of public and private partners and led by the nonprofit Carbon Mapper, the Tanager-1 satellite’s precision imaging helps fill a gap in the methane detection universe and complements the abilities of MethaneSAT, the Environmental Defense Fund-developed, Google-backed satellite launched back in March. “While MethaneSAT can detect the total emissions emanating from a particular basin, state, or country, Carbon Mapper can zoom in to figure out what’s going on within 50 meters of accuracy so that operators and regulators can be notified,” explained Heatmap’s Katie Brigham. If you want to watch the launch live, you can do so here.

THE KICKER

Tesla is selling a stainless steel cooler for its Cybertruck that can hold 90 canned beverages and “keep perishables cold and ice frozen for days at a time.” It costs $700.

Tesla

Yellow

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Podcast

Heatmap’s Annual Climate Insiders Survey Is Here

Rob takes Jesse through our battery of questions.

A person taking a survey.
Heatmap Illustration/Getty Images

Every year, Heatmap asks dozens of climate scientists, officials, and business leaders the same set of questions. It’s an act of temperature-taking we call our Insiders Survey — and our 2026 edition is live now.

In this week’s Shift Key episode, Rob puts Jesse through the survey wringer. What is the most exciting climate tech company? Are data centers slowing down decarbonization? And will a country attempt the global deployment of solar radiation management within the next decade? It’s a fun one! Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.

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The Insiders Survey

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They still want to decarbonize, but they’re over the jargon.

Climate protesters.
Heatmap Illustration/Getty Images

Where does the fight to decarbonize the global economy go from here? The past 12 months, after all, have been bleak. Donald Trump has pulled the United States out of the Paris Agreement (again) and is trying to leave a precursor United Nations climate treaty, as well. He ripped out half the Inflation Reduction Act, sidetracked the Environmental Protection Administration, and rechristened the Energy Department’s in-house bank in the name of “energy dominance.” Even nonpartisan weather research — like that conducted by the National Center for Atmospheric Research — is getting shut down by Trump’s ideologues. And in the days before we went to press, Trump invaded Venezuela with the explicit goal (he claims) of taking its oil.

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Now would be a good time, we thought, for an industry-wide check-in. So we called up 55 of the most discerning and often disputatious voices in climate and clean energy — the scientists, researchers, innovators, and reformers who are already shaping our climate future. Some of them led the Biden administration’s climate policy from within the White House; others are harsh or heterodox critics of mainstream environmentalism. And a few more are on the front lines right now, tasked with responding to Trump’s policies from the halls of Congress — or the ivory minarets of academia.

We asked them all the same questions, including: Which key decarbonization technology is not ready for primetime? Who in the Trump administration has been the worst for decarbonization? And how hot is the planet set to get in 2100, really? (Among other queries.) Their answers — as summarized and tabulated by my colleagues — are available in these pages.

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Plus, which is the best hyperscaler on climate — and which is the worst?

A data center and renewable energy.
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After decades of slow load growth, forecasters are almost competing with each other to predict the most eye-popping figure for how much new electricity demand data centers will add to the grid. And with the existing electricity system with its backbone of natural gas, more data centers could mean higher emissions.

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