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Transmission development key to Inflation Reduction Act’s climate potential: report

September 26, 2022

The report shows how reaching the emissions reduction potential of the Inflation Reduction Act, signed into law in August, depends on increasing the pace of transmission development.

The law could cut annual U.S. greenhouse gas emissions by about 1 billion metric tons a year by 2030, helping drive down carbon emissions by about 42% from 2005 levels, according to preliminary analysis released last month by the REPEAT Project. REPEAT stands for Rapid Energy Policy Evaluation and Analysis Toolkit.

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