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Episode 202 - The Worst Climate Bill That Has Ever Passed (Patreon)

Published:
2022-08-18 13:07:50
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2026-06
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Content

Subscribe to Bad Faith on Patreon to instantly unlock our full premium episode library: http://patreon.com/badfaithpodcast

If you think you know everything you need to know about the Inflation Reduction Act, I hate to tell you: You're wrong. Few people know more about the procedural maneuvers that keep Americans docile than The Lever's David Sirota. On today's episode, he explains aspects of the parliamentarian maneuver that were new even to Brie, and unpacks the side agreement between Manchin & Schumer that secured Manchin's vote, but which might also spell climate doom.

Subscribe to Bad Faith on YouTube for video of this episode. Find Bad Faith on Twitter (@badfaithpod) and Instagram (@badfaithpod).

Produced by Armand Aviram.

Theme by Nick Thorburn (@nickfromislands).

Comments

Jonathan Kadmon

This was awesome. Love Sirota. I feel like conversations with you bring out the best in him too. I talked to his partner in crime Andrew Perez last night about the same thing on Katie halper's callin. They really are the best at cutting through all the BS and getting to the meat.

Samuel Cain

<3 David for his important contributions, but how the hell has he been so close to this and still the LAST LEFTIST to understand Democratic unwillingness. Congress has been wholly obfuscatory for 50 years at this point

Anonymous

David. How many more chances will he give these Dem COWARDS and LIARS. "We need to elect more Democrats." There will NEVER EVER FUCKING BE ENUFF DEMS!!!!!! God dammit ~ How many times do we have to say that? Voting for Democrats is as good as slitting your own throat for the butcher. I believe David is an honest actor. He really believes the crap he's saying. David is RICH. He has the LUXERY of Time. Some of us don't have a politician for a spouse. He's a stereotypical PMC. He thinks he has the next 20 years to play these political games. Brie is on the right track. No one needs to convince PMC to vote Dem or Repub. What about the MILLIONS who never vote at all, because of Dems & Repubs. Voting Harder for Dems is a Fool's Errand.

Anonymous
>>89846541

I do like hearing David, but I wish he would stop talking about Voting Harder as the solution. He's a bit boxed in by his PMC brain.

Jonathan Kadmon
>>89846541

I mean he has said hes agnostic on that. I don't think you need to be on board with his every thought on these issues to recognize he's one of the goodguys, especially as careful as he is to separate his personal opinion from the facts. He's with us on most of the important things, the rest you can take or leave.

Anonymous

David calls them out with details. That is why I like David.

Anonymous

Great episode! Thank you both for being brave and giving it to us straight.

Anonymous

Cool segment interesting very interesting! I’m glad you’re growing a backbone Sirota Next time you dictate to me about political strategy I will definitely not hesitate to troll you too. And yes you were awful on your comments on force the vote, minimum wage debacle, and your protection of a certain Democratic Class nobody cares you played Pewee-Pewee baseball with Hollywood actors growing up we need you to check your white privilege and do some actual American Work. You still are a Democratic Shill but at least we’re actually trying to move your corrupt party forward. Nice job on this one. I’ll take it! 👏🏾👏🏾

Anonymous

Wonderful episode. Is the outro music about Bernie leaving us? 😭

Anonymous

Lover or Lever. The Lever is a reliable source. Probably the William Longfellow of climate change. Unfortunately he will be just as likely to prevent Armageddon as Longfellow was at preventing the civil war. We need a Mao, Lenin, Stalin, Kim, Minh or a Castro to actually get on track. These fucks in charge now will gladly send us to our graves and write history about how Americans were just too lazy and ignorant to recognize the problem.

Sifl

Sirota is pretty much spot on except that the big oil did not really make out as well as it seems. US oil and gas leases are a very small percentage of US production and a tiny fraction of world oil production. While it would certainly be better to stop production by shutting down US leasing offshore and on federal lands, that production would just shift to Australia, Guyana, Mexico, etc. And the Mountain Valley Pipeline is almost complete and would likely have eventually received regulatory approval, just not on a timeline that the owners wanted. It is a natural gas pipeline that would move natural gas from the Marcellus shale formation to refineries. Fracking operations produce tons of natural gas that gets flared if there is not an economical way to get the gas to the refineries. Stopping a pipeline that is almost complete will mean that there will be more flaring of the natural gas, which puts CO2 into the atmosphere without using the energy for anything. Thus, the gifts to big oil are not catastrophic. If anything, they are like giving the kids at a birthday party a goody bag whereas renewables get all the birthday presents. Of course, the IRA is not even a half measure and does not solve anything. But I have not run across anyone who thinks that the IRA is the end all climate measure. Most everyone realizes that it is just a first step. But it is important to understand that while big oil got a goody bag and is acting like this is a win for them, IRA marks a huge shift in power on climate. Big oil to date has been adamant that there should be no subsidies for renewables, EVs, etc. The fact that congress actually passed significant subsidies for renewables and EVs is a huge shift in the right direction. While the amount of money allotted is not enough to solve the climate crisis, it is going to have a big impact that will help make the case for more and more government intervention. Ford just upped the price of its electric F150 by $8,500.00, which completely captures the new $7,500.00 tax credit. But this is not naked greed. Demand for the electric F150 is off the charts. Dealers were already charging premiums over MSRP and have lines of buyers waiting for the trucks. This is because fleet operators are sick and tired of diesel trucks because they are extremely expensive to maintain and fuel price shocks are devastating. They cannot wait to convert their fleets to EVs. And every new EV on the market shifts energy demand from gas/diesel to the grid. Renewables are going to be able to meet that expanding demand because they are more than cost competitive with fossil fuels. So what you will see is EVs and renewables hitting a critical mass that will make it easier for more and more government intervention to be justified. IRA is just the beginning, but it really is the beginning and the first time congress has been able to get past oil and gas interests. That is a real victory.

Anonymous

David is a Dem. Stop talking.

Anonymous

Having just listened to an interview with climate modeling scientist Jesse Jenkins, I found David’s analysis of the policy details and politics so sloppy and unhelpful. I’m truly glad that he articulated his “honest” view of the bill, but that shouldn’t be confused with an accurate view. *No one* should be a cheerleader for democrats or ignore the bad aspects, but I think his preconceptions have clouded accurate analysis.

Michael Murray
>>89990120

Yes, but the Dems are claiming a 40% emissions cut that even Jesse Jenkins says isn’t true because the baseline (i.e. without the IRA) was a 24%-32% cut (“business as usual”). So maybe IRA gets us 10%, hopefully more with the green bank. Bottom line is that percentages are subject to manipulation and we need Americans to be fluent in the carbon budget in gigatons.

Randy Hendrickson
>>89990120

Your insistence on "accuracy" shows a fair bit of bias on your part. David was pretty generous in his criticism of Dems and the IRA, but that still isn't good enough? Really? "Having just listened to an interview with climate modeling scientist" Lol. I would hope David's take would be a lot sloppier than a climate modeling scientist.

Anonymous

I'm unable to find the latest episode of callin which accompanied this episode. Any links to it?