The name was specifically chosen because of that effect. I believe it was based on the work of Saul Griffith who has a PDF here explaining it: "Electrification

The name was specifically chosen because of that effect. I believe it was based on the work of Saul Griffith who has a PDF here explaining it: "Electrification is anti-inflationary." > Unpacking the U.S. Inflation Reduction Act: What was in it? What could it mean for Australia? > Clean electrification is the transformation of our energy economy away from one based on low-cost fossil-fuelled machines that require expensive future commitments to fossil-fuels, to higher-cost electric machines that are powered by clean electricity. This turns the energy economy from one of fuels to one of finance, and the beauty of finance is that it locks in the cost of something for the period of that finance. It is literally anti-inflationary as can be seen in Figure 2. https://cdn.prod.website-files.com/612b0b172765f9c62c1c20c9/639d4e51598a9c13b8a45a80_Electrification%20is%20anti-inflationary%20-%20Saul%20Griffith.pdf https://cdn.prod.website-files.com/612b0b172765f9c62c1c20c9/...