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The Inflation Reduction Act could be the crown jewel of US climate policy
Energy & Commodities
As temperatures soar across the globe, Democrats in Congress have woven together a party-line package to help achieve President Biden’s goal of a 50% reduction in greenhouse gases by 2030. The Inflation Reduction Act (IRA), likely to emerge from Congress this summer assuming Democrats can manage their fragile 50-vote Senate majority, has the potential to complete a…
Franco-German energy relations: Cooperation or compromise
Energy & Commodities
The “trilemma” is putting the solidarity of European energy policy to the test. Member states are scrambling to shore up the security of supply for the winter, energy bills are rising, and the imperative to accelerate decarbonisation remains.