Officials said the decision would lower bills and encourage people to use cars and appliances that did not use fossil fuels, but some experts said it would discourage energy efficiency.
The Biden administration has deployed various programs to try to increase access to clean energy. But systems that could help lower bills are still out of reach for many low-income households.
Why I’m worried about the next phase of the Inflation Reduction Act’s ro
Extreme weather linked to climate change is causing more blackouts. But generators and batteries are still out of reach of many.
The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.
Rates have jumped because of a surge in natural gas prices and could keep rising rapidly for years as utilities invest in electric grids.
To slow global warming, we need to electrify vast parts of our economy and power it with clean energy.