National Grid Statement on Passage of Inflation Reduction Act
A statement from National Grid, US:
National Grid applauds the historic passage of the Inflation Reduction Act. This landmark legislation is one of the most significant investments the United States has ever made to develop clean energy and slow the effects of climate change. The new legislation will help cut greenhouse gas emissions, provide tax incentives to help Americans transition to clean energy, and deliver aid to disadvantaged communities severely affected by climate change.
National Grid fully supports bold new regulations that assist us in implementing our fossil-free vision and help reduce greenhouse gas emissions. We look forward to working with our partners at the local, state, and federal level as we usher in a clean energy future for our customers and communities.
About National Grid
National Grid (NYSE: NGG) delivers electricity and natural gas to more than 20 million people across New York and Massachusetts. We’re committed to meeting our customers’ energy needs and supporting economic growth across the regions we serve—providing safe, reliable energy today and building the resilient networks of the future. National Grid Ventures, our commercial business, develops and operates infrastructure that delivers affordable and reliable energy to consumers. National Grid Partners, our corporate investment and innovation arm, invests in and collaborates with technology companies that are transforming the energy sector and accelerating industry-wide innovation.
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