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Zero: The Climate Race
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Navigating the Implications of the IRA
This chapter explores the ramifications of a potential trifecta victory for Donald Trump and the Republicans with a focus on the Inflation Reduction Act (IRA). It discusses how the IRA presents a flexible, market-driven approach to achieving carbon emissions reductions while examining the role of tax credits in supporting various hydrogen production technologies. Additionally, it highlights the financial dynamics of transitioning to cleaner energy, the complexities of carbon capture technology, and the urgent need for standardized carbon accounting to effectively drive industry change.
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