WoodMac: Republican Control Will Shift US Away From Net Zero

Energy analytics firm Wood Mackenzie has reiterated its earlier predictions that the renewable energy sector is likely to come under pressure under a second Trump administration but said that the likelihood of a full repeal of the Inflation Reduction Act (IRA) remains low. “The IRA has supported over US$220 billion in manufacturing investment and much of this has been concentrated in Republican-led states,” said David Brown, Director, Energy Transition Service at Wood Mackenzie in a press release. “The likelihood of a full IRA…