Thought Leadership

Inflation Reduction Act of 2022

Client Updates

On August 16, 2022, the United States enacted the most significant clean energy legislation in the nation’s history. The Inflation Reduction Act of 2022 (“IRA”) will be an outsized influence over investments across the energy landscape for the coming decade, and every participant in the U.S. energy market should be familiar with the key aspects of this new legislation. 

IRA will provide hundreds of billions of dollars in direct government support for a vast range of energy infrastructure investments, from renewables like solar, wind, and geothermal power generation, to hydrogen and renewable natural gas production, carbon capture, electric vehicles and charging infrastructure, energy storage, sustainable fuels, and countless energy efficiency investments. This direct government support will facilitate trillions of dollars of investment in U.S. energy infrastructure over the coming decade.


Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit

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