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inflation-reduction-act-one-year-on
© Luca Perra / Shutterstock
inflation-reduction-act-one-year-on
© Luca Perra / Shutterstock

Inflation Reduction Act one year on

Is it only a year? That was our first reaction on realising that the IRA is marking its first anniversary, sparking 12 months of intense discussion and commercial reaction not only in the US but across the world.

Read more: Win for hydrogen in the US – Inflation Reduction Act to become law

By President Biden’s own admission, the IRA is a misnomer, less about tackling inflation and more about incentivising multiples sources of clean, green energy technologies.

The IRA is weighty legislation, running to a mammoth 755 pages. It’s no wonder we’re all still digesting much of it beyond the catchy headlines – policymakers included.

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