The U.S. Inflation Reduction Act

What the IRA means to you

Designed to hasten investment in clean energy opportunities, the Inflation Reduction Act is expected to put the United States on a pathway to achieving net zero emissions by 2050. The legislation provides substantial federal aid to help drive a reduction in CO₂ emissions and support for technology evolutions.

In this resource, you will gain insights into the four key opportunities oil and gas companies, and those in hard-to-abate sectors, can possibly benefit from including:

• The financial incentives for businesses to accelerate their decarbonisation programmes
• The financial viability of integrating solutions that lead to more and cleaner energy
• Opportunities for further research and development of technologies
• Opportunity to increase margins that can support the production of cleaner fuels

Statistics and other values in this report, current at the time of publication (November 2022), are subject to change.

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