ENB Pub Note: It seems like the government is trying to double down on stupid. If printing money causes inflation, why do you throw a party and spend more money? The Inflation Reduction Act does […]
Politicians and environmentalists claim an urgent need to reduce greenhouse gas emissions, but in reality, world coal demand for power generation continues to increase and carbon dioxide emissions from the electric sector continue to grow. […]
Note to readers: For some times we have been covering the landmark clean energy provisions in the Inflation Reduction Act and the immense level of detail and opportunity in its provisions. Also this year, we have […]
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 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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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