This is Evergreen’s IRAirl, where we highlight how the climate investments within the Inflation Reduction Act (IRA) are benefiting communities across America—in real life (irl).
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The 411:
Republicans’ “Default on America” bill has vulnerable members voting to claw back investments that are already creating jobs in their own districts. House Majority Leader McCarthy is so desperate to make sure his fossil fuel donors can continue to rake in record profits that he’s prepared to make his entire caucus walk the plank and vote against popular investments in their very own communities. Meanwhile, the IRA continues proving why its investments are so popular in the first place: from new investments in green financing to communities achieving 100% clean power. And as these benefits continue to skyrocket and compound on one another, it’s clear to see: It doesn’t matter whether it’s a blue district or a red district, the IRA is delivering for the American people. Choosing to go on the offense to attack the IRA, and holding the American economy hostage to do it, is about as desperate as it gets.
At a Glance:
- GOT SOME ‘SPLAINING TO DO: While the GOP debt bill that targets the IRA looks doomed for failure, members are still going to need to explain to voters why they voted to repeal federal investments that are directly benefiting their districts.
- INVESTMENTS ON THE WAY: Increased rebates for EVs in Massachusetts, a green innovation fund in Wisconsin, over 13,000 new jobs and $20 billion headed to Michigan, and $9 million for solar research in Colorado.
- ON THE GROUND IMPACT: The IRA’s investments are delivering impacts country-wide: 55 percent carbon-free power in Minnesota, Solar tax credits leveling the field of equity in Arizona, and growing green finance in the midwest.
- IRA CHANGING THE GAME: Coal on the decline in the face of a booming clean energy economy where wind and soal are setting the pace, the U.S.’s fourth county achieves 100 percent renewable energy, global market on track to spend $1.1 trillion on climate tech, and EVs sales set to jump to 35 percent in 2023.