If Wyoming follows through with some of its climate friendly energy goals, it stands to make a lot of federal money, according to a new report from the Rocky Mountain Institute (RMI).The report looks at how states will financially benefit from the Inflation Reduction Act (IRA), which is a large piece of climate legislation that Congress passed last summer. It provides tax incentives for carbon capture projects and other renewable energy projects, like wind.
The energy research firm RMI says Michigan could see dramatic economic benefits as well as lowered emissions by capitalizing on the Inflation Reduction Act.