When signing the bill, President Biden called it "the biggest step forward on climate ever," saying, "It's going to allow us to boldly take additional steps toward meeting all of my climate goals."
According to author and JunkScience.com founder Steve Milloy, emissions cuts are going to result in an estimated temperature reduction of 0.02 (two hundredths) of a degree Fahrenheit by the year 2100.
"Even if you do believe in the climate science fantasy, spending $369 billion and making energy more expensive to make the earth 0.02 of a degree Fahrenheit cooler 80 years from now really does not make much sense," Milloy submits.
As for the administration's claims that the Inflation Reduction Act will save people money on their energy bills, Milloy says that will not make up for what they will have to spend on their homes and automobiles.
"It's all this capital investment to allegedly save money, and of course you probably won't save money because energy prices are going to go up anyway," he points out. "And the costs of all this equipment is going to go up, so there's not one part of this bill that's just not a total lie."
JunkScience.com addresses "all the junk that's fit to debunk." It defines "junk science" as faulty scientific data and analysis used to advance special interests and hidden agendas.
