Report: Add regulation to IRA

According to a new analysis by BloombergNEF (BNEF), the US Inflation Reduction Act (IRA) will hardly result in any additional reduction in CO2 emissions by 2030. The think tank calculates that emissions will then be around 3.7 billion metric tons. That is only 50 million tons less than in a baseline scenario without the tax incentives of the green stimulus program. At present, US emissions are more than 5.2 billion metric tons.