The Fight Over the Inflation Reduction Act Has Arrived

The fight over the Inflation Reduction Act has arrived. After months of discussion, the Republican majority in the House is now beginning to write, review, and argue about its plans to transform the climate law’s energy tax provisions. 

We wanted to record a show about how to follow that battle. But then — halfway through recording that episode — the Republican-controlled House Ways and Means Committee dropped the first draft of their proposal to gut the IRA, and we had to review it on-air. 

We were joined by Luke Bassett, a former senior advisor for domestic climate policy at the U.S. Treasury Department, and a former senior staff member at the Senate Committee on Energy and Natural Resources. We chatted about the major steps in the reconciliation process, what to watch next, and what to look for in the new GOP draft. Shift Key is hosted by Jesse Jenkins, a professor of energy systems engineering at Princeton University, and Robinson Meyer, Heatmap’s executive editor.

Mentioned:

The House GOP Tax Proposal Would Effectively Kill The IRA

Permitting Reform Is Back — and Buried in Trump’s Tax Bill

The House Ways and Means Committee’s first attempt at rewriting the IRA and its energy tax provisions

(Note: At one point, Luke refers to a permitting reform proposal as coming from the Energy and Commerce Committee. It’s a product of the House Natural Resources Committee.) 

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​Music for Shift Key is by Adam Kromelow.

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