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In The Media

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.

Link Copied
By Katie Auth
Published on Aug 15, 2022

Energy for Growth Hub

About the Author

Katie Auth

Nonresident Scholar, Africa Program

Katie Auth is a nonresident scholar with the Carnegie Endowment for International Peace’s Africa Program.

    Recent Work

  • Article
    Our Shared Energy Security: Why the U.S. and Its Energy-Poor Allies Must Coinvest in Solutions—and How

      Katie Auth

  • Research
    Priorities for the New U.S. Administration and Congress on Strengthening Economic Relations with Africa
      • +11

      Zainab Usman, Anthony Carroll, Saskia Holman, …

Katie Auth
Nonresident Scholar, Africa Program
Katie Auth
EconomyClimate ChangeNorth AmericaUnited States

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.

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    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

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    India’s Press Note 3 Gamble: Opening the FDI Door to China

    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.

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    What Could a Reciprocal Defense Procurement Agreement Do for U.S.-India Ties?

    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

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    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

  • Commentary
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