- Incentives in Biden's climate law will supercharge emerging green technologies globally.
- Three emerging technologies - sustainable aviation fuel, clean hydrogen, and direct air capture - could reduce carbon emissions by 99 million to 193 million metric tons per year after 2030.
- By 2080 to 2100, the incentives could drive 401 million to 847 million metric tons of CO2 abatement each year globally.
- The analysis assumes that these technologies will be deployable on a large scale after 2030.
- Investments are needed now to spur future development of these technologies.
Biden’s Climate Law Will Supercharge Emerging Green Tech Globally
The Inflation Reduction Act gave a boost to sustainable aviation fuel, clean hydrogen and direct air capture. A new analysis shows the climate benefits.
