Wood Mackenzie outlined within its recent report that the Inflation Reduction Act – seen as an energy transition policy game-changer – had transformed the U.S. from “laggard to leader” in energy transition policy, however, “greater clarity” in some areas would be “essential to prospective investors.” As the initial furore has died down the next phase, entailing the leveraging of the IRA to realise President Biden’s net-zero vision “must ramp up,” says the report while highlighting that this is “a mammoth undertaking.”
