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What does a split US Congress mean for the energy transition? | Podcast
The year is quickly coming to a close and there’s a lot going on in the world of energy
1 minute read
On this episode of the Energy Gang, host Ed Crooks is joined for the first time by Jackie Forrest of the ARC Energy Research Institute and returning guest Robbie Orvis of Energy Innovation.
The gang starts off the discussion by answering the question, what does a split US Congress mean for the energy transition? Under the current administration, a lot of progress has been made in the advancement of meeting our clean energy goals with the implementation of The Inflation Reduction Act. Now that the Republicans have taken control of the House what does this mean for US energy policy over the next couple of years? Will it now fall on individual states to implement reform, like California passing its ZEV mandate?
The Inflation Reduction Act includes significant incentives for companies to establish clean energy manufacturing, which has motivated companies in other countries to pressure their government to make similar advancements. The Canadian government has introduced tax incentives for clean energy projects for the first time as companies threaten to move their manufacturing to the US.
Lastly, the gang discusses the role of natural gas in the energy transition. Can natural gas be a bridge fuel that will help us meet our energy needs? The release of the International Energy Agency report shows that there is a need for significant investment in new gas wells to meet net-zero goals. With peak demand for heat in Northern climates, the gang explores why fully replacing gas might be hard and why we should consider low-carbon gas as an option.
As always, check out our Twitter to let us know your thoughts and any future topics you want us to discuss. We’re @TheEnergyGang.