Rep. Barbara Lee: Our Inflation Act Will Solve the ‘40 Percent of Inflation’ that Comes from ‘Fossil Fuels’
‘The planet is burning’
Aug 15, 2022 12:00 AM
By Grabien Staff
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EXCERPT:
LEE: “But also, I think what we also need to recognize is that it does reduce inflation. I didn't realize this until we started negotiating and working on this, but 40% of inflation is fueled by fossil fuels. So what we are doing now is moving forward quickly, I must say not quick enough for some of us, but quickly toward a green economy, creating good-paying jobs. And I hope that our communities know that these jobs, wind, solar and all the energy-efficient jobs that are going to emerge out of this with our small minority and women-owned businesses will be a real plus in terms of not only our climate, but — getting our climate under control and beating back climate change in a way it has to happen, the planet is burning, but we have to make sure that our community invests and benefits from those resources in terms of the economic activity that’s going to emerge from this."