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The EPA recently announced opportunities for public input on new and existing programs funded by the Inflation Reduction Act (IRA). The Agency seeks input as it puts together core design aspects of multiple IRA programs. The engagement strategy in program implementation includes: Issuing a request for information (RFI) for public input to inform program design; […]
In August, the EPA received $5 million from Congress under the Inflation Reduction Act (IRA) for programs to boost voluntary corporate climate reporting while the Securities and Exchange Commission (SEC) ramps up for legal battles regarding its upcoming mandatory climate change reporting rules. To report or not to report Many companies have jumped onto the […]
While the Inflation Reduction Act (IRA) creates opportunities for investors to fund carbon capture, utilization, and sequestration/storage (CCUS) projects and provides Internal Revenue Service (IRS) Section 45Q tax credits at a rate of $85 per ton of carbon dioxide (CO2) captured and stored, the regulatory red tape for permitting in the sector remains daunting. The […]
Although the Inflation Reduction Act (IRA) contains many incentives for companies to decarbonize, it also contains a hidden gem for the EPA by quietly bolstering the Clean Air Act (CAA). “The IRA repeatedly defines greenhouse gas (GHG) as a form of air pollution,” reports The Atlantic. “It amends several sections of the [CAA] to define […]