Shaun Enright, Executive Director of the Climate & Net Zero practice in North America, comments on the upcoming U.S. House of Representatives vote, which is expected to pass the US Inflation Reduction Act:
“Anthesis applauds the U.S. Senate for passing the landmark Inflation Reduction Act (IRA) of 2022. This will help to unlock critical innovation in manufacturing, renewable energy, electric vehicles, energy storage, sustainable fuels, as well as within the investment community.
“Businesses are increasingly starting to understand the fundamental risk to their value chains and investments, and the Inflation Reduction Act is an accelerant to further grid decarbonization and global systemic support.
“Through initiatives including tax credits and grants, this historic climate bill will move the U.S. closer to achieving its ambitions under the Paris Agreement.”