On The Carbon Copy podcast this week:
In the nine months since the Inflation Reduction Act was signed into law, tens of billions of dollars in new manufacturing investments have been unveiled. Credit Suisse expects the IRA to support as much as $1.7 trillion in total climate spending over the next decade.
Shalini Ramanathan of Quinbrook Infrastructure Partners is watching the space and is excited about that growth. She’s also eager to see a whole new category of customers emerge because this clean industrial strategy needs new clean electrons to run it.
The wave of planned buildouts in U.S. manufacturing is setting the stage for a new class of renewables designed to run those plants, and it could shift how and where projects get built.
“This could really reshape our landscape,” explains Shalini. “Now that we have low-cost green power, what other sectors can we decarbonize?
This week, we discuss a secondary impact of America’s clean manufacturing strategy: a coming boom in projects to meet that new industrial demand. We ask how renewables, batteries and hydrogen could meet the moment.
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