Nearly 2 Years In… Is the Inflation Reduction Act Delivering Yet?

Climate One

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In August 2022, Congress passed the biggest piece of climate legislation in our nation’s history: The Inflation Reduction Act, which put $400 billion into boosting the transition to a clean energy economy over the next ten years. The IRA has spurred companies to announce nearly $110 billion of investment in new factories to build EVs, batteries and renewable energy facilities. That’s driving investments, reshoring of manufacturing, and real change.

This week we check in on the impact of the IRA in the last 18 months. What impact has the IRA really had on US emissions so far? Has the IRA distributed money to fulfill its climate justice initiatives?

Guests:

Trevor Houser, Partner, Rhodium Group

Danny Kennedy, CEO, New Energy Nexus

Bineshi Albert, Former Co-Executive Director, Climate Justice Alliance

This piece also includes a reported feature from Emily Jones of WABE in Atlanta and Grist.

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