Congress Passes Inflation Reduction Act
WASHINGTON (August 12, 2022)- Today, Congress passed the Inflation Reduction Act, a landmark investment in our nation’s future that will transform efforts to combat climate change and infuse $350 million into the Federal Permitting Improvement Steering Council (Permitting Council) to advance permitting efficiency and predictability. The Act is expected to lower energy costs, increase cleaner production and reduce carbon emissions by approximately 40% by 2030.