The IRA Was Shaped Solely To Achieve Energy Security, Argues Joe Manchin - CleanTechnica

suggests there may be more nuance than is initially evident in these kinds of fossil fuel drilling announcements. The HLR uses the example that the US Department of the Interior is required to hold offshore oil and gas lease sales, but regulatory and economic factors will determine whether those auctions lead to development and extraction. A lease auction, they say, is the first step in a long regulatory process before oil or gas can be extracted.

Radical as it may sound, investing in domestic supply lines for clean energy infrastructure and promoting regional energy projects between the US and China may be a distasteful but more stable clean energy route. This and other contingencies within the clean energy transformation may move arguments about what the IRA is and is not to entirely different dimensions.I don't like paywalls. You don't like paywalls.

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Source: Energy Industry News (energyindustrynews.net)

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