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HomeInflation Reduction Act

Inflation Reduction Act

Inflation
Energy Policy

The Inflation Reduction Act Could Push Power Grid Reliability Into a Tailspin

August 29, 2022 Mariel Alumit

Marketed by its champions as the answer to America’s economic woes and energy-driven inflation, the Inflation Reduction Act (IRA) is anything but. Its market destabilizing subsidies, additional taxes and support for further regulatory overreach could […]

US climate bill
Carbon Capture

US Climate Bill’s Subsidy Bonanza Gives New Allure to Carbon Capture

August 23, 2022 Mariel Alumit

US companies that cut carbon emissions could qualify for subsidies on even the smallest projects under new climate legislation, unleashing a potentially unprecedented wave of investment in green technologies. The Inflation Reduction Act passed by […]

Washington DC
Energy Policy

The Inflation Reduction Act Will Raise Taxes, Fuel Economic Uncertainty and ultimatly increase inflation.

August 21, 2022 Mariel Alumit

The latest consumer-price index showed inflation accelerating at 9.1%—a four-decade high. This news was followed by the producer-price index, a key indicator for where consumer prices are heading, hitting a near-record 11.3%. Inflation in the […]

Energy Sector’s Relative Strength Against The Market Is Looking Very Attractive
ENB Pub Note

What the Inflation Reduction Act of 2022 Means for Renewable Energy Developers, Investors and Manufacturers

August 21, 2022 Mariel Alumit

McDermott Will & Emery’s Summary of the IRA is below.  On July 27, 2022, Senator Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) announced that they had reached an agreement on a proposed […]

Inflation Reduction Act
Political

What the Inflation Reduction Act Hopes to Do About Climate Change

August 19, 2022 Mariel Alumit

President Joe Biden this week signed into law ambitious new legislation that aims to address human-caused climate change over the next decade. The Inflation Reduction Act, which passed in the House and the Senate along party lines earlier this month, also addresses inflation, […]

Inflation Reduction Act
Opinion

Inflation Reduction Act could threaten U.S. power systems

August 19, 2022 Mariel Alumit

From California to Texas to New England, America’s power grid reliability is in alarming shape. And there’s a common thread: The nation is taking apart its existing energy infrastructure far faster than it’s building reliable […]

Energy Policy

The Inflation Reduction Act Boosts EPA Funding To Enforce Climate-Related ESG Disclosure – adding more costs to energy

August 17, 2022 Stu Turley

The Inflation Reduction Act of 2022 On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (IRA). The IRA reconciliation package includes $369 billion in funding and subsidies to support the transition […]

Carbon capture
Energy Policy

Oil industry gears up to tap U.S. climate bill for carbon capture projects

August 17, 2022 Mariel Alumit

(Reuters) Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kick start carbon sequestration projects, say oil and gas proponents, offsetting startup costs for […]

ENB Pub Note

The Energy Question With David Blackmon: Panel Discussion on the ‘Inflation Reduction Act’

August 17, 2022 Stu Turley

In Episode 3 of The Energy Question with David Blackmon, David and the Sandstone Energy’s Stu Turley interview Sarp Ozkan, Vice President of Commercial Product at Enverus, and Tim Stewart, President of the U.S. Oil & Gas […]

US Inflation Reduction Act
Energy Policy

US Inflation Reduction Act: No respite on the horizon for energy industry costs, but Chinese policies could save the day

August 15, 2022 Mariel Alumit

Contrary to its title, the US Inflation Reduction Act will usher in more energy service inflation in the next 18 months as the incentives offered to manufacturers struggle to keep up with the increased demand triggered […]

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