Rethink Energy Research
Rethink Energy is the only service specifically designed to explain and forecast the changing energy landscape and its investment possibilities as renewables begin to take over from conventional fossil fuels
Report Summary
- The Inflation Reduction Act began life as a $3 trillion Build Back Better fund, but passed with just $369 billion allocated to energy spending
- After 40 years of US companies sending manufacturing jobs to China, Mexico, India and Taiwan – the IRA says that the US wants those jobs back – It is too late and it’s not enough money?
- It will fail to improve on US emissions reduction
- It will trigger a trade war with China and send most of Asia and Europe to closer relationships with China
- It will also lead to the end of the World Trade Organization
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