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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

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Politics

AM Briefing: Greens Go to Court

On congestion pricing, carbon capture progress, and Tim Kaine.

The Greens Go to Court
Heatmap Illustration/Getty Images

Current conditions:New Orleans is experiencing another arctic blast, with wind chills near 20 degrees Fahrenheit on Thursday • Continued warm, dry conditions in India threaten the country’s wheat crop • Heavy rain in Botswana has caused widespread flooding.

THE TOP FIVE

1. Big Greens’ first lawsuit of Trump 2.0

Environmental groups filed their first lawsuit against the Trump administration on Wednesday, challenging Trump’s moves to open up public lands and waters to oil and gas drilling. Sierra Club, Greenpeace, the Natural Resources Defense Council, the Center for Biological Diversity, and Oceana, among others, are contesting the president’s executive order revoking Joe Biden’s protections of parts of the Gulf of Mexico and the Arctic, Pacific, and Atlantic Oceans from oil and gas leasing. The groups claim that the president has the authority to create these protections but not to withdraw them — a right reserved for Congress — and notes that a federal court confirmed this after Trump attempted to undo similar Obama-era protections during his first term.

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Politics

The Trump Administration Is Coming for Environmental Review

And it’s doing so in the most chaotic way possible.

Donald Trump.
Heatmap Illustration/Getty Images

The Trump administration filed a rule change this past weekend to remove key implementation regulations for the National Environmental Policy Act, a critical environmental law that dates back to 1969. While this new rule, once finalized, wouldn’t eliminate NEPA itself (doing so would take an act of Congress), it would eliminate the authority of the office charged with overseeing how federal agencies interpret and implement the law. This throws the entire federal environmental review process into limbo as developers await what will likely be a long and torturous legal battle over the law’s future.

The office in question, the Council on Environmental Quality, is part of the Executive Office of the President and has directed NEPA administration for nearly the law’s entire existence. Individual agencies have their own specific NEPA regulations, which will remain in effect even as CEQ’s blanket procedural requirements go away. “The argument here is that CEQ is redundant and that each agency can implement NEPA by following the existing law,” Emily Domenech, a senior vice president at the climate-focused government affairs and advisory firm Boundary Stone, told me. Domenech formerly served as a senior policy advisor to current and former Republican Speakers of the House Mike Johnson and Kevin McCarthy.

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New York Is Going to Court to Defend Congestion Pricing

Trump called himself “king” and tried to kill the program, but it might not be so simple.

A Manhattan toll sign.
Heatmap Illustration/Getty Images

The Trump administration will try to kill congestion pricing, the first-in-the-nation program that charged cars and trucks up to $9 to enter Manhattan’s traffic-clogged downtown core.

In an exclusive story given to the New York Post, Secretary of Transportation Sean Duffy said that he would rescind the U.S. Transportation Department’s approval of the pricing regime.

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