The US Inflation Reduction Act of 2022 now has a chance of passing the Senate next week as it is being voted under the Reconciliation procedure which allows bills related to the budget to pass on a simple majority rather than the 60-vote majority required to overcome a filibuster. If the act does find its way onto the statue books it will bring US$369bn in clean energy tax credits, grants and other incentives. Much is directed to protecting clean energy manufacturing in the USA, but it is a wide ....

01 Aug 2022
Inflation Reduction Act
Invinity Energy Systems PLC (IES:LON), 45.0 | Drax Group plc (DRX:LON), 428 | ITM Power PLC (ITM:LON), 75.3 | Velocys plc (VLS:LON), 1.1

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Inflation Reduction Act
Invinity Energy Systems PLC (IES:LON), 45.0 | Drax Group plc (DRX:LON), 428 | ITM Power PLC (ITM:LON), 75.3 | Velocys plc (VLS:LON), 1.1
- Published:
01 Aug 2022 -
Author:
Adam Forsyth -
Pages:
4 -
The US Inflation Reduction Act of 2022 now has a chance of passing the Senate next week as it is being voted under the Reconciliation procedure which allows bills related to the budget to pass on a simple majority rather than the 60-vote majority required to overcome a filibuster. If the act does find its way onto the statue books it will bring US$369bn in clean energy tax credits, grants and other incentives. Much is directed to protecting clean energy manufacturing in the USA, but it is a wide ....