2:00 p.m. eastern on c-span, c-span now our free mobile video app, or online at c-span.org. ♪ >> the spandau is a free mobile app featuring your unfiltered view of what is happening in washington live and on-demand. at live streams of floor proceedings and hearings from the u.s. congress, white house events, the court, campaigns, and more from the world of politics all at your fingertips. also stay current with the latest episodes of "washington journal," and find scheduling information for c-span tv and radio. and a variety of podcasts. c-span now is available in the apple store and google play. your front row seat to washington anytime, anywhere. jeremy dillon is with us this morning.

he's here to talk about the climate provisions in the inflation reduction act and i want to show our viewers the headline for your peace that you wrote after the senate vote. after years of failure, dems claim limit victory. what have democrats been trying to do and what did they win? guest: the reconciliation bill has been going on for almost a year and a half and negotiations have gone left and right, up and down. what they have been trying to do is something with the energy sector to try to get the nation on track her climate. they passed the senate which was the hardest part so far. the senate has notoriously been the chamber that has not voted through climate action. the senate hasn't acted in decades. the fact they actually came to

an agreement and actually got something through his on you mental, historic for the nation. 369 billion dollars in climate action which is a record for the nation. it is based on all -- a package that incentivizes to deploy renewable energy and clean energy sources to get going. analysts estimate it could reduce emissions by 40% by 2000 -- 2030 which is a portion of the way to the paris climate agreement. it is a significant jump. 15% boost just from this bill alone. host: $10 billion in tax credits to build wind turbines and solar panels how does that compare to previous efforts on that, evs,

solar panels, wind turbines. guest: the fact that the wind and solar tax credit gets a 10 year extension, especially an extension on this deal is monumental in the sense it gives incentives for financers to get into this project. it has existed for a wild. it got extended in 2015 for the first time for five years. we saw the renewable industry take off. it's been an insane amount of deployment over five years or an extra 10 years is going to be, they say it can increase financing by almost two fold to almost $300 billion. host: what is this do for climate change efforts? guest: it reduces emissions. a lot of reducing emissions is based on electrifying everything we do. our cars, home appliances, all

that stuff you have to have a clean grade to get there so you need renewable energy, nuclear power, carbon capture on the grid to clean up the electric. before you can do the other stuff so having all the tax credits is monumental. it lays the foundation to get emissions reduction going on an economy wide scale. host: $7,500 tax credit rebate for electric vehicles. what is the car industry saying about this? guest: it's a little all over the place there were fears there wouldn't be an electric vehicle tax credit in this package because senator joe manchin, the key negotiator has been opposed to it. he had qualms with critical minerals, the fact the united states doesn't really produce our own critical minerals. we rely on china and foreign nations for things like lithium and nickel and copper.

it goes into the battery systems of electric vehicles. to go headfirst into electric vehicles, senator manchin wanted to ensure we what had a critical minerals supply so he backed this new ev text credit with the sense that it would be tied to critical minerals. they can only use it if they source 50% of their critical minerals based in the united states. to deploy the electric vehicles. right now, no electrical vehicles qualify for the credit. do they have the supply chain that qualifies for all this stuff? it remains to be seen about how quickly they can get it going but senator manchin, that's the whole point. the domestic critical mining industry, so that we are not reliant on foreign nations to get this going. host: in a statement released sunday, president and ceo of the alliance for automated innovation said a tax credit in

this inflation reduction act approved by the senate will immediately reduce the number of vehicles eligible. 70% of the electric vehicles available to buy in the united states will become immediately ineligible once the bill passes and none of the vehicles qualify for the full credit. guest: it is challenging in the short term. the goal is the long term here. there are things to the credit that make it easy to use peer there are things that you have to climate on your tax return, the dealer can take the credit say you need to get the savings on the electric vehicle. there are safeguards that senator manchin put in their two only really bill of benefit, not the wealthy buying these vehicles. marlow -- more low income people buying these cars and there is a credit for buying used electric vehicles which is new for the first time. that was a way to get the industry going from the ground up. host: are these cars going to be

affordable? guest: that is a question, right now they are pretty expensive. i think one of the other big things is having a successful ev charging network which is in the bipartisan infrastructure bill. that is a key point about the reconciliation bill is it goes lockstep with the infrastructure bill. president joe biden has already announced a plan for nationwide electric charging networks which can really help. hopefully, if more people are willing to buy it helps bring the cost down. host: we are talking with jeremy dillon this morning of emd news we want to get your comments and questions as well here it here are the phone numbers for your republicans, (202) 748-8001. democrats (202) 748-8000. and independents (202) 748-8002.

allen in fulton, mississippi. you are up first. caller: [indiscernible] host: allen, good morning. republican color fulton, mississippi. caller: [indiscernible] host: allen, are you there? let me go on to jane in california. caller: good morning. the situation a lot of people don't know that right now gas prices went down $.90 all over the country. plus, joe biden and the rest a few of the congressman voted on it will reduce the deficit.

this will more question, can i say anything about the search warrant? host: we are moving beyond that. jeremy dillon, your response to his observation? guest: gas prices are going down. they peaked earlier this year due to a lot of circumstances. it really helped supercharge inflation. the fact that they are going down does give democrats some cover here to pass this reconciliation bill. there have been a bunch of studies from business school that said it still doesn't affect inflation much but if -- it is a big idea. if you deploy too much electric vehicles or too much green energy onto the grid it could spike prices and cause things to go out of control. but the fact they are saying this won't cause electricity prices to go higher, that may

actually help in the longer term to bring them down. that is a big deal and will help make the economic argument for climate action. host: democrats have the votes in the house. guest: it sure sounds like it. it sounds like representatives have been concerned about the tax deduction for coming back down. house are really united around the potential for deploying green energy and climate action. it is actually in a way that promotes all of the above clean energy strategy that includes carbon capture, nuclear energy, hydrogen protection, host: does this help with what we are hearing from the car industry? that the rebates are ineligible

for these rebates? guest: there is still a ton of money for manufacturing both in electric vehicles and clean energy so it is bringing home a lot of the cost of producing from this technology. a lot of it is overseas right now. so if we built it here, it helps make the economic argument for climate change but also helps bring jobs to some of the states. you will see a lot more deployment of advanced manufacturing in some areas. the credit is actually tailored that half of it goes to areas where coal mines or coal plants were so it's a way to transition away from fossil fuel days to kind of this new clean energy. host: john in wisconsin, independent. caller: good morning, thank you for taking my call. as far as the subsidies go, i am recently retired and i am still

working. i was making 60, $70,000 a year. i did not pay into the federal government tax system annually. majority of people that are in, i would say 150 thousand dollars in the last four years don't pay into it so they can't reach 7500 dollars tax credit so i can understand, i don't think a lot of people understand how the tax credit system works. host: jeremy dillon? guest: the tax credit system is kind of the way tings have always gone with this energy system. congress has had a hard time mandating climate action whether it be cabin trade in 2010 or whether it be requiring phasing out vehicles or anything of that nature.

this is really more of a approach to get people to buy the cars. the tax credit has been tweaked a little bit so they can be passed around a little bit more so that may be people don't to pay into the text system can benefit as well. there is truth in there that it should make it more available in the future once the cars start qualifying. host: robert in acts a can -- atkinson. caller: think you for taking my call. i just kind of had a observation. my feelings of it is i'm pretty optimistic that we can start to turn that energy need around to be environmentally friendly. like i'm hoping. the other thing i'm wondering about because i will be 60 77,

i'm still working. i recently changed jobs because the commute to work was killing me with the gas prices, but thank goodness it looks like that is turning around a little bit. the thing is, with the vehicles, i am 67 and still working and have a regular vehicle. i am wondering about whether we have interest in the hydrogen or compressed gas or magnetic rail? host: let's take those questions. guest: it's a great point, it should have been mentioned with the credit. joe manchin negotiated that hydrogen powered cars can qualify as well. he has a plan, i know toyota is really interested in hydrogen power. hydrogen is also going to be

pretty critical for trucks and stuff like that. the tax credit can help that industry going as well. there is a lot of alternative vehicles that are kind of pump -- sponsored. that kind of gets those emissions down. host: when it comes to homes, they go from $9 billion for energy efficient home retrofit. what is the conclusion? guest: this is something you and i, or people who own a home can qualify to get the benefit. this is to help electrify your home of the bit. they be you put a heat pump and instead of gas burners. i know my mom who lives up in the northeast still has a gas /oil powered heat which is too expensive now. so she has been looking at a heat pump but they are expensive. right now they are a little expensive to buy.

labor, installation it's like putting in a new central air system. she would qualify for a rebate under this program and it would probably pay for that he pump itself. and it brings the labor done by half. other appliances qualify. this is a way to start bringing energy efficiency to the homes in a way. we don't even realize because so much of everything is plagued and we turn on the heat and we don't realize where it comes from. host: for those of us who want to buy something new when does this kick in? guest: the money should go to do eta right away. i think they have to go through whole program. i'm curious to see how they will implement it. a lot of the programs are based on the recovery act after the financial crisis.

they are really building on a lot of the things the obama administration had. maybe sooner than you think. host: $20 billion. guest: this is one of the big ones. agriculture makes up about, it supports leading omissions in the economic sector. it makes up about 14% of total u.s. omissions. finding ways to bring that down is overly good way. agriculture is an important tool and will cause jumping the carbon that is in the atmosphere and using plants and their natural biology to suck it up and put it into the soil so this is science to help look at it very different ways to see how the agriculture community can help the climate. host: money for research? guest: research and implementation. demonstration programs, there is

money for farmers to start cleaning up how they just either agricultural activities kind of help reduce omissions there. methane is a big problem, republicans like to say calfire's --cow farts. so to reuse a lot of that stuff whether it be reuse the methane to burn somewhere else or capture it in some way. it's a big preview for next year when it comes around here demoed -- emma kratz will start thinking about the climate. this could be a preview of things to come next her as well. host: $30 billion to transition utilities to clean electricity. guest: this is a huge section for environmental adjustments. legacy, pollution has always been a problem especially for inner-city were sometimes

low-income communities are forced to live and connect to power plants where the omissions because higher rates of asthma, lung disease, cancer, all those things so a lot of this money is going to help these communities transition their power plants faster than some of the other points. tax credits as well, you get an extra boost if you place your facility closer to one of these environmental facilities. this has been a really focus for democrats. it's a way to kind of help transition some of these communities and get them cleaner air. get cleaner buses and it's a way to help bring down that as well. host: joe, democratic caller. caller: i was calling, you know

it's kind of disturbing hearing some of the comments people make. we are normal, healthy, rational human beings. god gave us the ability to know right from wrong. nobody on earth is century. what this happen is -- host: are you talking about climate change? caller: yeah. what our president has done is he has taken the concerns of the majority of the world and brought it to the forefront but he's not getting any support from a fraction of our democracy. actually, combated properly without criticism and politicizing it. so i think we have to check ourselves as americans to look at how we are treating each

other, politics or not. this is a global concern. host: let's talk about the cloven -- global concern because you hurt republican say we can do the cutting of omissions but it doesn't matter because china will keep doing what they are doing. guest: it's been a valid criticism. the united states has already on the way to cut omissions by almost 25%. when you do show the commitment to spending that the united states has not shown before, it does help in the international negotiations. john kerry who is the climate person for president biden, he told lawmakers this is helping him to start helping other countries reduce their emissions as well.

we are meeting our commitments, we can hold other people to honor their commitments as well. the other factor here is we are laying a foundational manufacturing base for clean energy technology. if we take care of our emissions we can start exporting technology to the rest of the world. some of the technology and the export of the 21st century i think you are seeing it's a big component for department of energy research. it's the science of the chips and science bill. lawmakers realize that if you develop the innovation and the technology for some of the problems the world is facing right now, you can actually be the economic winner for the rest of the century. the fact they are throwing so much money into this and you fracturing, it's really laying this base to kind of be the big

exporter of clean energy. host: independent from tennessee. you're talking to jeremy dillon. caller: yes, ma'am. host: good morning, go ahead. caller: ok i wanted to ask a question. are there going to be sending out anymore stimulus checks? host: jeremy dillon covers energy policy. we will go to billy. caller: hello? host: hi, good morning. caller: yes, hello? i want to call about the text guide that you have on their yesterday --there yesterday. [indiscernible]

talked about how he wants to give tactical gear, weapons. host: again, jeremy dillon covers energy policy. that is our focus this morning. baton rouge, louisiana. caller: hi, i would like to ask mr. dillon small marginal look clear power plants that can't be melt down. will it facilitate the pillow may -- the plumbing of that new technology? guest: yes, it will be a there is a production credit for nuclear power. we have been after nuclear power forever so some are really celebrating right now. it will keep existing fleets going right now. advanced reactors are smaller,

they are more flexible, and they are going to be key for hydrogen production as well. there is a lot of excitement around the deployment of regulatory commission is finishing fine tuning the final regulations. there is hope that one of those can be deployed by the end of the decade. and hopefully the quicker they circuiting deployed the more they can qualify. host: republicans including -- republicans calling this excessive spending. let me show you what he had to say on the senate floor. [video clip] >> so-called root inflation reduction act is chocked full of green new deal spending. things like $1.5 billion, billion dollars for a program to plant trees. $1 billion for electric,

heavy-duty duty vehicles like garbage trucks. something that communities used to normally provide for. of $3 billion for the u.s. postal service to purchase zero emissions delivery vehicles. $1.9 billion for things like equity and identifying gas in tree canopy coverage. yes, madam president. democrats are apparently willing to send us into a longer term recession or stagflation in order to provide billions of dollars for things like road equity and identifying gas in tree canopy coverage. also democrats provide more than $60 billion in this bill for environmental justice.

$60 billion. put that number in perspective that is more than what is spent on highways in 20. the bill also contains at least $30 billion in flush funds part of which is allocated for climate related political activity. yes, madam president, climate related political activity. because for sure there is nothing more than families are struggling with ballooning grocery bills and the high price of gas are eager to see their tax dollars going towards green deal activism. host: jeremy dillon? guest: he is making a lot of points that republicans have bought desperate at. i don't see a need for it. he mentions some of the tree canopy stuff. a lot of that money, so cities

tend to get hotter than the surrounding suburbs. in a world where we see records being broken where there is a crumbling infrastructure having trees and shade helps in that way. i think that is a lot of the democrats are coming from. i would also mention that one of the republicans mean agendas is called the killing trees in mission which is a plan to troll -- kill trees across the world where they sick of the carbon from the atmosphere and put it into the soil. trees are actually bipartisan. some of the other stuff like the u.s. postal and history, u.s. postal server -- service trucks and the garbage trucks that is

all part of the wider transition to kind of start cutting emissions and getting rid of some of the cars that run on diesel which is even worse for the environment. endorse for lungs. obviously there is a divide there. i think once it is all laid out and done there is a little bit, senator manchin went along with it he has a history of applying it. i think this only would have been included in the reconciliation package rather than something that was more bipartisan or limited. host: rick, republican. welcome to the conversation. caller: good morning. i have a blueprint. i want you to type this in. if you start tracking all the

oceangoing ships that leave america. raw materials from wrecking yards, dr. a ship, oceangoing cargo ship goes across to south korea. once it goes to a plant, the process goes to well to a dock, back to the united states to distribution plants. if you start tracking the fuel consumption to manufacture you will find out we use more raw fuel to do that. if you go to bunker oil.com it will tell you what it costs. 1000 -- over $1000 per they are

only paying a few cents a gallon. a ship will go 25 feet per one gallon of oil. if you track that the u.s. coast guard and find out how the ocean cargo ships come to america's port and leave america's port with raw material to foreign countries, that is your carbon footprint. that is a waste. host: i'm going to jump in. guest: it's a great point. bubble economy is, you know, it runs on oil right now. it's really hard to go back and forth. what up a lot of this does is try to on the clean energy manufacturing. there is also a huge portion of it meant for companies to clean, companies like the industrial sector to clean up domestic production of some of these

materials as a way to make the u.s. ability to produce the stuffed cleaner than the rest of the world. it's also going into the carbon border adjustment tax which has been kicked around as well. it has bipartisan interest in the senate as well. this could be a future policy for people to talk about in the future. but this is the way to help recognize that the united states does a little bit cleaner job of producing some of these materials then having to send it back and forth which does a caught -- which does cause a lot more emissions. host: scott in michigan. democratic caller, you are next. caller: i was wondering why they don't put windmills and solar farms on charging stations for the ev that would cure the problem for all the energy. thank you.

guest: that's part of it. there are systems where a feature, a lot of it is storage related as well so what they want to do is have an all in one system. we may have only solar powder -- pap -- solar power on a roof. we can plug our cars and ended charges and it costs minimal money. they are looking at everything, all systems and all of that. for the deployment we do need a ton more energy on the grid. host: alabaster, alabama. karen, welcome to the conversation. caller: i just wanted to say this whole man-made climate change thing is one of the biggest hoaxes perpetrated on us today. if you look at germany, for example, they have been using

renewable energy for probably the last 10 years. 50% of their energy comes from that. what does germany worry about? they are worried about freezing to death because they are not going to be able to generate heat because the renewable energies are relying on natural gas from russia. in order to run these renewable energy, we need fossil fuels, natural gas is a fossil fuel. so 80% of the world's energy comes from fossil fuels. this whole renewable energy thing is just, it's a joke. it's not man-made. if you did your research, you would know that. before the industrial revolution we had an ice age. the saw melted somehow. it's all natural. guest: climate change is real. it is happening. even in the last couple of months, california is drier than it has ever been.

my brother lives out in l.a. they can only water their lawn every tuesday and thursday. europe just had record-breaking heat waves that is melting rose and caused thousands of deaths. wildflowers are burning out of control in the west right now. hurricanes are becoming more extreme faster than they ever have been, so this is happening. glacier melt is happening and freaking out scientists right now. climate change is happening. it's happening -- to the point of germany they made some decisions that were not in their best interest. they moved away from nuclear energy. they are starting to reconsider that especially in the aftermath of this russian invasion of ukraine. they became too reliant on russian fossil fuels and it's come back to bite them in the but here. i think there is a lot of

acknowledgment that natural gas is really important to our climate future. it's built up a lot to promote the development of fossil fuels as well. senator manchin negotiated pretty stringent provisions in here that make the biden administration hold resale on public men offshore and onshore. there is acknowledgment that the demand is still there for fossil fuels and there will be in the probably next two to three decades. it kind of throws everything at the wall to see what sticks. another key part of this bill is the carbon capture. technology that enables you to capture the carbon emissions as they burn and coming out of the powerplant and the industrial processes.

the united nations has widely acknowledged that the technology is needed in the coming decades to get the globe off of fossil fuels and a transition the world to cleaner energy. especially if they can develop it, right now it is still working through cost concerns and deployment issues. but the 10 year of the tax credit is really critical for helping get those costs down and getting deployment down. if they can do that, we can may be continue burning some of these fossil fuels and continuing to use natural gas in a way that helps renewable energy. it can act as a backup option as long as that carbon captured it can help. host: mike in houston, texas. caller: i find it interesting that the caller from alabama engined germany there is a case

study in what is failing them for the quality of life there is deteriorating and i'm sure he's a great guy, but he has a difference to people freezing to death or paying 50% more for their heating energies for the winter months. just a cold indifference or there is no case study on any country that is prospering from you -- what you are mandating because it doesn't work when you whiplash the economy were 95 percent of transportation, 95% of goods moved by way of fossil fuels. with these mandates, the urges with flashing companies and to just constantly impact. housecoat let's take the whiplash comment. guest: there are mandates this is all money, the tax credits this is all something to

incentivize people. there are no mandate in there. i think whiplash is a key thing. you are starting to see it with fossil fuel the transitioning away from fossil fuel production into more clean energy manufacturing jobs that mention the tax credit. if you invest in your facility you get more money out of that. there is a adoption. you don't see that in this bill. does it come down the line with the technology and the availability and affordability is more widely available, it could be. but that is probably a decade away. that is probably the next climate bill that will need to pass. it trend -- the trend continues.

host: debra in naples, florida. republican. caller: i have a question. don't you think they should protect the power grid before we go all electric? there is nothing to protect our power grid right now. we will have nothing. host: ok, jeremy dillon, the power grid. guest: it's a big issue here. especially ensuring grid reliability. i think that is where nuclear energy really comes in big here. it's a baseload clean energy power and that's why lawmakers really tried to shore up the missing nuclear fleet as a baseline for power production. as much as you want to go on the grid, it is dependent on energy storage becoming much more whiter available and longer lasting. the wind it doesn't always blow the sun doesn't always shine so

you need to have a baseline to keep power going. though this is on the mind of a lot of people. i think that is why this is always going to be a gradual increase of clean energy. i think the utilities will start to game out where they are going by 2050. there are a lot of things they can adopt. a lot of the made voluntary commitments to get there by 2050. they think they can do it. host: romney, southern pines. independent. caller: thank you for taking my call. i have a quick point into question. climate change hoax or not, i would suggest everybody watch the movie called -- it's a natural cycle the earth goes through every so many years.

secondly, what about all the stripmining that happens everywhere else, away from america? is there anything in the bill that provides for planting trees? there's thousands and thousands of acres for stripmining but where children part. there is nothing left there anymore. is that environmentally good? and also, it's not just -- it is for everywhere in asia. guest: a lot of those are international so they are not addressed in this bill. this is for domestic energy production and transitioning the domestic climate emissions. i would say the critical mineral act like she mentioned is an aspect of this. senator manchin was worried about having some of these

minerals being sourced from other countries. part of the ev that we talked about was the domestically sourced critical mineral. it hauls the mining to this country or our standards are a lot higher and the need to not rely on foreign change. climate change israel, it is happening in real time and we are seeing it. host: climate change provisions over the week and the house is slated to go on friday. energy reporter, if you go to >> "washington journal" continues. host: we are back in open forum on any public policy that is on your mind. this is a headline just raking on the economy.

this is from cnbc and it says the headline consumer price index for july rose 8.5% year-over-year and was flat compared to june any commas were expecting in creases of 8.7% and 2% and core inflation which strip out food and energy prices saw smaller than expected in pieces. the federal reserve away the report with other data ahead >> what is on your mind this morning ? caller: going back to the gentleman who was on a little

while ago, -- >> you can watch this program if you go to c-span.org. measures to reduce prescription drug costs. live coverage here on c-span. >> can you hear me?