Inflation Reduction Act Resources

The Inflation Reduction Act (IRA) allocates $369 billion to clean energy and emissions reductions, projected to bring U.S. emissions to approximately 42% below 2005 levels by 2030. The law is expected to accelerate the energy transition primarily through the power and transportation sectors, potentially creating over 1.7 million energy supply jobs and avoiding 63,000 premature deaths by 2035 through reduced fossil fuel pollution.

• The Inflation Reduction Act (IRA) provides $369 billion for clean energy and emissions cuts, and is projected to reduce U.S. emissions to approximately 42% below 2005 levels by 2030, though this falls short of the national target of 50% below 2005 levels.
• Emission reductions are expected to be driven largely by the transportation and power sectors. In the power sector, annual capacity additions for wind could double the 2020 pace and solar could reach five times the 2020 pace by 2026.
• The IRA is projected to create more than 1.7 million energy supply jobs by 2030, with approximately 950,000 of these positions in manufacturing, specifically for wind turbine components and solar PV.
• By reducing pollution from fossil fuels, the IRA is estimated to prevent 63,000 premature deaths by the year 2035.

APA

Climate Central (2022). Inflation Reduction Act Resources. https://www.climatecentral.org/climate-matters/inflation-reduction-act

Chicago

Climate Central. Inflation Reduction Act Resources. 2022. https://www.climatecentral.org/climate-matters/inflation-reduction-act.

Wikipedia

{{cite report |author=Climate Central |title=Inflation Reduction Act Resources |date=15 September 2022 |url=https://www.climatecentral.org/climate-matters/inflation-reduction-act |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatecentral2022inflation, author = {{Climate Central}}, title = {{Inflation Reduction Act Resources}}, institution = {Climate Central}, year = {2022}, month = sep, url = {https://www.climatecentral.org/climate-matters/inflation-reduction-act}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }