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November 18, 2024

Inflation Reduction Act (IRA)

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Whitehouse: Best Defense for IRA is Funding, Building More Projects

One of the Senate’s strong liberal voices on climate change, Sen. Sheldon Whitehouse slammed the fossil fuel industry for its campaign of “climate denial and propaganda.”

National Press Club
Granholm Praises Impact of US Clean Energy Industrial Policy
Clean energy policies funded by the IRA and IIJA have been key to the U.S. economy’s strong performance, Energy Secretary Jennifer Granholm said at the National Press Club.
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US Needs More Renewables to Meet IRA Emissions Goal, Report Finds
A new report finds that U.S. zero-emission vehicle sales meet industry expectations set upon passage of the IRA but utility-scale clean electricity expansion fall short.
EEI
EEI Briefs Wall Street on Business and Policy Goals for 2024 and Beyond
The Edison Electric Institute’s senior executives briefed Wall Street on the state of the utility industry and some of the policies it supports. 
RTC
Renewable Thermal Group Releases Industrial Decarbonization Plan

The Renewable Thermal Collaborative contends electrification should be a major component of any plan to decarbonize industrial thermal energy use.

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Washington Auto Show Highlights Partisan Divide on EVs, Industrial Policy
House Republicans debated Democrats over the Biden administration’s industrial policy and EV subsidies and performance.  
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Biden Administration Releases Tax Credit Guidance and Funding for EVs
The Treasury Department and the IRS released guidance on tax incentives from the Inflation Reduction Act to offset the cost of installing electric vehicle charging stations and other alternative refueling stations.
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EPA Proposes Methane Emission Penalties
EPA is moving to impose financial penalties for excessive methane emissions within the oil and gas sector. 
Bosch
DOE Partners with HVAC Industry on Cold Climate Heat Pumps
The Department of Energy announced four companies have developed high-efficiency cold climate heat pumps as part of its Residential Cold Climate Heat Pump Technology Challenge.
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DOE Seeks Proposals to Build out HALEU Supply Chain
DOE's commitment of $500 million in IRA dollars may not be enough. Building private sector confidence in the emerging HALEU market could require up to $2.9 billion more in additional federal funding.

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