Biden’s Fossil Fuel Fail: How U.S. Oil and Gas Supply Rises under the Inflation Reduction Act

This presentation will dive into Oil Change International's new report, analyzing how the United States’ Inflation Reduction Act (IRA) fails to reduce fossil fuel production or alleviate impact on environmental justice communities. Rather than set the United States on a path toward a managed phase-out of fossil fuels, the Inflation Reduction Act and the Biden administration’s policies are set to lead to a significant increase in U.S. oil and gas extraction and soaring exports. Despite these concerning findings, there is still time for President Biden to change course and catalyze a swift and equitable phase-out of fossil fuel production, processing and exports.

Speakers

Lorne Stockman - Research Co-Director at Oil Change International

Allie Rosenbluth - U.S. Program Co-Manager at Oil Change International

Lorne Stockman is the Research Co-Director at Oil Change International, where he researches and analyzes developments in the North American and international oil and gas industry. He has…