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Climate law seen driving ‘demand destruction for fossil fuels’

E&E News · Scott Waldman · last updated

The Inflation Reduction Act won’t just increase clean energy — it also will hasten the arrival of peak U.S. fossil fuel demand, experts say. And some maintain that peak could be reached as soon as 2025.

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Related Knowledge Center: Climate legislation

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The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.

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