How the US Inflation Reduction Act is reshaping the green energy transition

In August 2022, the US announced the Inflation Reduction Act (IRA), with the promise of massive government investment in US-built green infrastructure and industry. The USD394 billion in tax incentives, grants, and loans will go toward green investment in sectors like energy, transportation, and manufacturing, to support US industry.

The GI Hub’s Sam Barr, as a Global Fellow of the Wilson Center’s Wahba Institute for Strategic Competition, has authored an article that looks at the IRA, its explicit shift toward protectionism, and how it may provide an opportunity for the US to be a global leader in a just green energy transition.

In the article, Sam explains how the IRA is having a major global impact and outlines four keys to harnessing global competition to support a green energy transition.

Read the article.