Hitting The Brakes: Energy Transition In The USA

US November election results could decelerate energy transition, with $1 trillion in energy investment on the line, says David Brown at Wood Mackenzie The Infrastructure Investment and Jobs Act (IIJA) of 2021 and the Inflation Reduction Act (IRA) of 2022 catapulted the US to global leadership in decarbonization. But a victory for former President Donald Trump in the November 2024 election, combined with long-standing issues around the US’ relationship with China and government deficits, could significantly alter the path of US energy policy and usher in a delayed transition scenario, according to a new Horizons report from Wood Mackenzie. While […]