DENVER, Oct. 19, 2023 (GLOBE NEWSWIRE) — Federal policy mechanisms designed to hasten the transition from fossil fuels to clean and renewable energy sources have largely failed to move the needle in recent decades. The economics of transition, particularly for the most energy-intensive industries, remained overwhelmingly unfavorable. However, the Inflation Reduction Act (IRA) will likely change the equation quickly, speeding the U.S. toward a faster-than-anticipated transition this decade.
(GlobeNewsWire)