Democratic lawmakers, including Sen. Ed Markey (D-MA), drafted a letter to the Treasury Department, urging officials to issue guidance on the Inflation Reduction Act's (P.L. 117-169; IRA) offshore wind tax credits. Meanwhile, Washington state's cap-and-invest program held a carbon auction and uncertainty around the program lowered the price of carbon allowances. Finally, the European Environment Agency (EEA) cautioned that the bloc is unprepared for the impacts of climate change regardless of whether the Paris Agreement's green targets are achieved.
To read Akin's most recent climate policy update, please click here.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
