August 11, 2022
Source: NM Political Report
A lot of news following the Senate passage of the Inflation Reduction Act has focused on provisions to help address climate change, like making it easier for people to purchase electric vehicles. You can read my coverage on the topic here. However, the package is not a death toll for the fossil fuel industry. Instead, it includes provisions that will benefit the fossil fuel industries.
These provisions are now being attacked by advocacy groups. While the groups decry provisions that help fossil fuels continue to dominate the energy sector, they say that the IRA needs to pass.