Inflation Reduction Act's impact on energy prices in the U.S. 2030, by scenario

Potential impact of the Inflation Reduction Act on energy prices in the United States in 2030 compared to 2021 prices, by emissions scenario

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Release date

July 2022

Region

United States

Survey time period

2022

Supplementary notes

According to the source, the low, central, and high emissions scenarios are based on varying assumptions of future fossil fuel prices, economic growth, and clean energy technology costs.

The low emissions scenario assumes high oil and gas prices, baseline economic conditions, and low prices for clean energy technologies.
The central emissions scenario assumes central energy market prices, baseline economic growth, and central clean energy technology costs.
The high emissions scenario assumes low oil and gas prices, high economic growth, and expensive clean energy technologies.

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