New Opportunties from Decarbonization

• Carbon pathway.  With Inflation Reduction Act (IRA) incentives, organizations with sustainability plans and carbon pathways will likely find new and more attractive ways to achieve those targets. Thus, a refreshed cost-benefit analysis of carbon reduction efforts under the new incentive frameworks is necessary to properly evaluate costs, technology needs and the options for achieving goals.  e
• Revenue growth opportunities.  Decarbonization offers new growth pathways since new incentives make climate-focused efforts more economical – even profitable — freeing funds for innovation, R&D, and/or growth initiatives. Businesses may find product opportunities via decarbonization. 
• Supply chain. The Act aims to spur domestic manufacturing and increase supply chain security, potentially offering improved supply chain flexibility and agility. It’s important to evaluate how aligned your current supply chain is to take advantage of the available credits and funding. This includes understanding whether domestic source requirements apply.