TL/DR –
US Senator Joe Manchin has told energy executives that his senate energy committee is prioritizing legislation reforming infrastructure permitting and that it “will get done.” Manchin also touted the Inflation Reduction Act (IRA) energy provisions, which provided $369 billion in tax credits and incentives for clean energy, as a transformative bill that will drive future reductions in greenhouse gas emissions. Additionally, US Senator Daniel Sullivan discussed the need for developing a critical minerals policy.
U.S. Senator Joe Manchin Assures Energy Executives of Permitting Reform
U.S. Senator Joe Manchin announced to energy executives at the CERAWeek energy conference that legislation reforming infrastructure permitting is certain to pass. This legislation is a priority issue for his senate energy committee.
Manchin emphasized the team’s dedication to ensuring the passage of this permitting reform. He also discussed the potential implications of the Inflation Reduction Act (IRA) energy provisions, a project he has been developing for three years.
The senator reflected on the tangible impacts of the IRA legislation, which allocated $369 billion in tax credits and incentives to advance clean energy. The effects of this monumental bill, he stated, will echo into the future.
“The IRA will be the most transformative bill this country, even the world has ever seen,” Manchin said. He also highlighted the bill’s role in fostering innovation that will propel future reductions in greenhouse gas emissions.
Moreover, U.S. Senator Daniel Sullivan of Alaska, which is a significant energy and mining state, voiced the need for the country to establish a critical minerals development policy.
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