One Big Beautiful Bill Act (OBBBA), signed into law by President Trump on July 4, 2025, has significantly rolled back the clean energy incentives established by the Inflation Reduction Act of 2022 (IRA).
LCS and other clean projects like Blue Hydrogen were subsidized by the Inflation Reduction Act. Have y'all heard anything on what is happening with these projects?
As an outsider, Exxon appears to have tier 1 almost in the bag. Some trouble BBB causes for the big project is the rug pull on solar & wind installation when significant RECs are still necessary. Awesome consulting/influencing job on tax credit rules following your tech selection!
Also consider start of construction from BBB effectively culled competition for blue ammonia in USGC.