US President Joe Biden signed the most ambitious climate act in the history of the country during 2022 through the Inflation Reduction Act (IRA) in the hope of accelerating renewable energy development, though experts have pointed out that it would take another 2-3 years before seeing a sizable growth in solar power. The US will […]
Toward a more orderly US energy transition: Six key action areas – EQ Mag
The US drive to decarbonize is at an inflection point. Critical actions could accelerate the transition while enhancing energy affordability and supporting inclusive economic growth. The passage of the Inflation Reduction Act (IRA)—as well as the commitments made by the federal government to cut greenhouse-gas (GHG) emissions by 50 to 52 percent by 2030 and […]
There were some big climate policy moves in 2022. What’s on tap for the new year? – EQ Mag
When it came to climate change, 2022 offered some reasonably good news and some pretty alarming bad news. On the plus side, the U.S. passed its most significant piece of climate legislation ever, with the Inflation Reduction Act (IRA) — a bill that allocates hundreds of billions of dollars to clean energy and other low-emissions […]
UK outlines US green subsidy opposition in letter: media – EQ Mag
London : Britain outlined in a letter to Washington its opposition to US green subsidies, claiming they would “harm multiple economies” and “undermine UK-US trade and investment flows”, UK media reported Friday. The Financial Times (FT) and The Times newspapers cited the letter by UK Trade Secretary Kemi Badenoch to US counterpart Katherine Tai that […]
