Summary

Interest and curiosity around the implications of the Inflation Reduction Act (IRA) have yet to slow down nearly two years after its passage. The momentum is not only from U.S. industry and ancillary support services, such as consulting or law firms. Rather, global economies (in particular, developing economies) continue to ask questions around the direct implications of the IRA to their domestic climate targets, whether or how domestic industry can avail itself of the financial benefits under the IRA, and how ministries can replicate the incentives in their own laws to spur deployment of renewables and decarbonization efforts within the country.
This paper explores how public and private stakeholders in emerging economies are responding to the IRA. We examine specific financial incentives and charges relevant to carbon capture utilization and storage, methane abatement, critical minerals, and hydrogen.

This paper will be part of the OGEL Special Issue on "International Energy and Investment Law Implications of the US Inflation Reduction Act". More information here www.ogel.org/news.asp?key=762