Full Title: Congressional Policy Priorities to Decarbonize U.S. Industry and Enhance Competitiveness
Author(s): Renewable Thermal Collaborative
Publisher(s): Renewable Thermal Collaborative
Publication Date: September 12, 2023
Full Text: Download Resource
Description (excerpt):
The Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA) made some significant investments in industrial decarbonization, particularly for clean hydrogen and carbon capture, storage, and utilization. However, analyses show that the IRA does not adequately incentivize the full range of renewable thermal solutions. To accelerate the decarbonization of thermal energy for industry and buildings, the RTC has developed a set of recommendations for our advocacy efforts that build on the IRA and IIJA while addressing some critical policy gaps.