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The Energy Infrastructure Reinvestment Opportunity: Accelerating the Transition of the Oil and Gas Sector
This briefing by RMI outlines how the US Department of Energy's Loan Program Office (LPO) Energy Infrastructure Reinvestment (EIR) program, combined with Inflation Reduction Act (IRA) tax incentives, provides a financial mechanism for the US oil and gas sector to transition to clean energy. The EIR program offers low-cost, long-tenor debt financing for projects that repurpose ceased energy infrastructure or reduce the operational emissions of existing facilities.
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Document type: Briefing
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