Now that the Inflation Reduction Act's incentives operate as American law, it will take compromise and conciliation to make the investments that meet those incentives succeed and endure. Let's revisit our metaphors.
(Photo by Kevin Oliver via Flickr Creative Commons.) It was no precipitous proclamation about traffic that reprogrammed New York City's economy.
Many have boiled down the seminal Inflation Reduction Act, and many are burrowing into it. To set boundaries and context beyond the timing of tax credits, consider an analogy to how another blockbuster set of policies altered one of the world's more emissions-intensive cities.