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Maroc Maroc - SOLARPACES.ORG - 14/Sep 05:58

IRA incentives for clean energy from idle oil wells

Climate policy in the US Inflation Reduction Act (IRA) provides powerful incentives to generate renewable energy and phase out fossil fuel production. Oil and gas companies are already required to cap boreholes when an oil well is depleted, to meet Asset Retirement Obligations (ARO). But if the borehole is instead repurposed to generate zero emission […]

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