Katie Auth
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3 Big Ways The U.S. Inflation Reductions Act May Impact The Energy Transition In Emerging And Frontier Markets
The U.S. Inflation Reduction Act, now headed to President Biden’s desk for signature, is predominantly a domestic bill – with huge ramifications for U.S. energy, decarbonization, industrial policy, and health care. But its ripple effects will be global, with some big potential impacts on emerging and frontier economies.
About the Author
Nonresident Scholar, Africa Program
Katie Auth is a nonresident scholar with the Carnegie Endowment for International Peace’s Africa Program.
- Our Shared Energy Security: Why the U.S. and Its Energy-Poor Allies Must Coinvest in Solutions—and HowArticle
- Priorities for the New U.S. Administration and Congress on Strengthening Economic Relations with AfricaResearch
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Zainab Usman, Anthony Carroll, Saskia Holman, …
Recent Work
Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie India
- The Unresolved Challenges in U.S.–India Semiconductor CooperationCommentary
The U.S.–India semiconductor cooperation story is well-stocked with top-level strategic intent. What remains unresolved, however, are some underlying challenges that will determine whether the cooperation actually functions. Three such friction points stand out.
Shruti Mittal
- India’s Press Note 3 Gamble: Opening the FDI Door to ChinaArticle
On March 10, 2026, India’s Union Cabinet approved amendments to Press Note 3, a regulation that mandated government approval on all foreign direct investment (FDI) from countries sharing a land border with India. This amendment raises questions primarily about whether its stated benefits will materialize and if the risks have been adequately weighed. This piece will address the same.
Konark Bhandari
- What Could a Reciprocal Defense Procurement Agreement Do for U.S.-India Ties?Article
India and the United States are close to concluding a Reciprocal Defense Procurement Agreement (RDPA) that will allow firms from the two countries to sell to each other’s defense establishments more easily. While this may not remedy the specific grievances both sides may have regarding larger bilateral issues, an RDPA could restore some momentum, following the trade deal announcement.
Konark Bhandari
- India Signs the Pax Silica—A Counter to Pax Sinica?Commentary
On the last day of the India AI Impact Summit, India signed Pax Silica, a U.S.-led declaration seemingly focused on semiconductors. While India’s accession to the same was not entirely unforeseen, becoming a signatory nation this quickly was not on the cards either.
Konark Bhandari
- The Impact of U.S. Sanctions and Tariffs on India’s Russian Oil ImportsCommentary
This piece examines India’s response to U.S. sanctions and tariffs, specifically assessing the immediate market consequences, such as alterations in import costs, and the broader strategic implications for India’s energy security and foreign policy orientation.
Vrinda Sahai