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:
Bidenomics is proving its worth as benefits from the president’s landmark climate law continue to show up in communities across the country. Hundreds of thousands of jobs in climate and clean energy are being created from Florida, Georgia, South Carolina, and Arizona, to Michigan, Nevada, Tennessee, and beyond. The IRA’s investments and incentives are fueling a virtuous manufacturing supercycle as companies invest in long-term manufacturing and supply chains for the energy technologies of the future right here in the United States. Bidenomics is proving its skeptics wrong by delivering to all communities—even those of its greatest Republican detractors. The IRA’s historic investments have revitalized what’s possible for climate action at the national, state, and local levels while continuing to keep equity and environmental justice efforts at the forefront.
At a Glance:
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BOOMING BIDENOMICS & THE IRA’S BENEFITS: Critical incentives are creating a manufacturing supercycle in the U.S., America is becoming a leader in solar, and the IRA’s investments are boosting employment in the North, South, East, and West
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IMPLEMENTATION IS KEY: The IRA has the potential to slash emissions in half, Hydrogen tax credits can be used for clean power but first we must prevent a doom loop, and we must ensure proper implementation of the IRA’s EV tax credits
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VOTED NO, BUT ASKING FOR MORE DOUGH: The IRA’s investments continue to overwhelming benefit Republican-led districts, and despite voting against the bill—Republicans are leaning on the IRA for support during extreme weather conditions
- LAUNCHING STATE & LOCAL LEADERSHIP: Minnesota will use $3 million from the IRA to prioritize equity and environmental justice, leaders in New Hampshire to revive 2009 climate action plan thanks to the IRA, Oregon’s recent authorization of $90 million in IRA spending could result in more than $1 billion worth of benefits, and Tampa ramps up climate action by tapping into IRA provisions for local governments
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