Why Undoing the IRA Could Set Up a Gas-Fueled Power Price Shock

Why Undoing the IRA Could Set Up a Gas-Fueled Power Price Shock

The Trump administration’s policy of increased natural gas exports abroad, plus increased industrial and artificial intelligence investment at home, plus cuts to green energy tax credits could add up to more energy price volatility for Americans.On Monday, the House Ways and Means Committee unveiled its plan for deep cuts to the Inflation Reduction Act, including early expiration dates and restrictions on the core clean energy tax credits that w…