TL/DR –
US Deputy Secretary of Commerce, Don Graves, discussed climate concerns and solutions, including renewable energy subsidies and other investments, at the University of Wisconsin-Madison. A focus was the Inflation Reduction Act, which provides $3.3 billion in funding for climate infrastructure and is aimed at young people, who Graves views as future stakeholders. Discussions also addressed how the Department of Commerce’s initiatives consider Indigenous and underrepresented communities, highlighting the importance of equitable economical development and community investment in affordable housing and coastal and community resiliency.
US Deputy Commerce Secretary Discusses Climate Concerns at UW-Madison
Don Graves, U.S. Deputy Secretary of Commerce, met with local leaders and environmental groups at the University of Wisconsin-Madison to discuss climate concerns and solutions for Investing In America agenda.
Highlighting Renewable Energy Subsidies
During the event, Graves and District 8 Ald. MGR Govindarajan explained the Biden administration’s plans for climate change mitigation, such as renewable energy subsidies.
Focus on the Inflation Reduction Act
The Inflation Reduction Act, providing $3.3 billion in funding for climate infrastructure through the NOAA, was a key topic. Graves emphasized its aim to protect young people, the future stakeholders of the country.
Despite the majority of funding for climate initiatives coming from federal government, Graves and Govindarajan stressed the significant role local climate governance plays in utilizing these grants effectively.
Climate Policymaking and Advocacy Groups
Govindarajan highlighted the importance of advocacy groups in climate policymaking. He mentioned how the CLEAN student organization has contributed to pushing UW-Madison toward renewable energy commitments.
Addressing Equitable Climate Developments
Discussion also covered how the Department of Commerce’s initiatives can benefit Indigenous and underrepresented communities. Concerns were raised about sustainable development potentially leading to higher property costs and displacement of lower-income people. Graves addressed these issues with plans for equitable economic development.
Graves aims to combat historical redlining practices by investing in affordable housing, especially near public transportation. He emphasized community investments through the Inflation Reduction Act that go towards coastal resiliency, habitat restoration, and community resiliency.
Impact on Underserved Communities
Graves highlighted the significant climate change impact on underserved communities due to lack of investment and poor government decision-making. He shared his experience visiting the Stillaguamish and Tulalip Tribes in Puget Sound and how the Inflation Reduction Act has provided $45 million for tribal and other underserved communities.
Long-term Impacts
Graves assured students that local programs and policies will continue, even with administration changes, due to already invested funds. He emphasized the importance of climate advocacy through voting and government involvement, and urged students to hold the administration accountable.
—
Read More US Economic News