Search Climate Insights Directory

This fact sheet from the Center for International Environmental Law argues that recent United States legislation, specifically the Infrastructure Investment and Jobs Act (IIJA) of 2021 and the Inflation Reduction Act (IRA) of 2022, provides excessive subsidies and regulatory support to the fossil fuel industry through carbon capture, hydrogen production, and federal land leasing.

Energy Innovation used the U.S. Energy Policy Simulator (EPS) to model the climate and energy provisions of the Inflation Reduction Act (IRA) of 2022. The analysis finds that the IRA would significantly reduce greenhouse gas emissions, create over a million jobs, and provide substantial public health benefits, despite emissions increases from required oil and gas leasing.