Clean energy just got a lot more cost-competitive, report says

Good morning and welcome to The Climate 202! Happy Friday. We’re excited to welcome our new colleague Scott Dance, who is joining The Washington Post as a climate and weather reporter after more than 10 years at the Baltimore Sun. But first:Exclusive: Climate law makes clean energy much more cost-competitive, report saysThe Inflation Reduction Act will cause the cost of renewable energy to decline dramatically over the next decade, according to an analysis shared exclusively with The Climate 202.The analysis from ICF Climate Center, a global consulting firm, concludes that the climate law will make clean energy projects easier to finance across the country, quickening the pace of America’s energy transition.“At over 700 pages, the Inflation Reduction Act (IRA) is a dense piece of legislation,” the report says. “At the same time, its impact on the energy sector can be summarized…

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