Axios: "1 Big Thing: The Signature Is Only the Beginning"
A Tuesday newsletter cites a blog post by RFF Fellow Brian Prest about the oil and gas provisions in the Inflation Reduction Act.
Potential emissions increases from provisions that require continued U.S. oil-and-gas leasing are pretty minor, per a new analysis from Resources for the Future fellow Brian Prest.
- The emissions cuts spurred by the rest of the bill would outweigh even his highest estimated emissions from those mandates by a factor of 10 or more.
Common Resources — Aug 15, 2022
Inflation Reduction Act Can Achieve Emissions Reductions Even with Oil and Gas Provisions
Research from RFF Fellow Brian C. Prest suggests that, overall, the Inflation Reduction Act reduces greenhouse gas emissions to a degree that far outweighs the potential increases in emissions due to the bill’s oil and gas leasing provisions.