The Inflation Reduction Act (IRA) of 2022 marks a significant escalation in US climate ambitions. Its investments carry the potential to accelerate the pace of the domestic transition and move the United States closer to its target of a 50-52 percent reduction in emissions by 2030. But the effectiveness of its provisions, which cut across every part of the US energy sector, are still up for debate.
From mineral supply chains and clean electricity to political considerations and overseas perspectives, our experts offer their thoughts on the bill, discussing its successes, its implications, and its areas for improvement.
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At the 6th annual Veterans Advanced Energy Summit held on August 9, 2022, the military community and energy professionals convened to discuss the technology, policy, and economic trends that are driving the global energy transition.
The Summit was joined by Congressman Raja Krishnamoorthi (D-IL 8th District) and David Livingston, senior advisor to US Special Presidential Envoy for Climate John Kerry, among others, to discuss the Inflation Reduction Act, the signing of the CHIPS and Science Act into law, and more.
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The Global Energy Center promotes energy security by working alongside government, industry, civil society, and public stakeholders to devise pragmatic solutions to the geopolitical, sustainability, and economic challenges of the changing global energy landscape.