Keeping up the momentum: Opportunities for bipartisan policymaking on the heels of the Inflation Reduction Act
Summary
The document highlights the impact of the Inflation Reduction Act and other recent legislation on U.S. climate goals, while identifying specific bipartisan opportunities for further progress. It emphasizes the need for improved nuclear energy regulation via the ADVANCE Act, increased support for industrial decarbonization through the Department of Energy, and the necessity of updating clean energy programs before they expire in 2025.
Key insights
- The Inflation Reduction Act, alongside the Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Energy Act of 2020, has shifted the U.S. climate trajectory and moved the country closer to its Paris Agreement goals.
- The ADVANCE Act of 2023, which passed the Senate with bipartisan support, aims to improve nuclear energy regulation to facilitate the domestic deployment of advanced nuclear reactors.
- Industrial decarbonization is identified as one of the most actionable methods for domestic emission reductions, with recommendations for the Department of Energy to establish an Industrial Emissions Coordination program and implement the Industrial Decarbonization Roadmap.
- The year 2025 presents critical legislative windows due to the expiration of the Tax Cuts and Jobs Act and various clean energy programs from the Energy Act of 2020, providing an opportunity to update incentives and R&D for technologies such as fusion, carbon capture and storage, and zero-carbon fuels.
Cite the original document
- APA
- Chapman, E. (2023). Keeping up the momentum: Opportunities for bipartisan policymaking on the heels of the Inflation Reduction Act. Clean Air Task Force. https://www.catf.us/2023/08/keeping-momentum-opportunities-bipartisan-policymaking-heels-inflation-reduction-act/
- Chicago
- Chapman, Evan. Keeping up the momentum: Opportunities for bipartisan policymaking on the heels of the Inflation Reduction Act. Clean Air Task Force, 2023. https://www.catf.us/2023/08/keeping-momentum-opportunities-bipartisan-policymaking-heels-inflation-reduction-act/.
- Wikipedia
- {{cite press release |last1=Chapman |first1=Evan |title=Keeping up the momentum: Opportunities for bipartisan policymaking on the heels of the Inflation Reduction Act |publisher=Clean Air Task Force |date=15 August 2023 |url=https://www.catf.us/2023/08/keeping-momentum-opportunities-bipartisan-policymaking-heels-inflation-reduction-act/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{chapman2023keeping, author = {Chapman, Evan}, title = {{Keeping up the momentum: Opportunities for bipartisan policymaking on the heels of the Inflation Reduction Act}}, publisher = {Clean Air Task Force}, year = {2023}, month = aug, url = {https://www.catf.us/2023/08/keeping-momentum-opportunities-bipartisan-policymaking-heels-inflation-reduction-act/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
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