Make the IRA About Technology, Not Emissions

Congressional Republicans will likely seek to repeal significant portions of the Inflation Reduction Act (IRA) under reconciliation procedures this term, to offset the budgetary cost of extending the 2017 Tax Cut and Jobs Act and other fiscal measures. Climate and clean energy advocates have raised the alarm over the threat posed by this repeal to clean energy sectors, however, targeted reforms could substantially reduce the cost of the IRA while continuing to support energy innovation.