Oil and gas industry concessions take the sting out of Biden’s climate bill

Legislation's impact on US oil and gas production likely to be modest

Signed: US President Joe Biden at a White House signing ceremony for The Inflation Reduction Act of 2022. — Signed: US President Joe Biden at a White House signing ceremony for The Inflation Reduction Act of 2022.Photo: REUTERS/SCANPIX

Russell McCulley

London

Joe Biden Gulf of Mexico Appalachia Alaska USA

Published 25 August 2022, 11:11Updated 26 August 2022, 06:56