The Inflation Reduction Act allocates $369 billion for climate and energy investments, including:

• Clean energy tax credits for wind and solar, EVs, efficiency upgrades, heat pumps, and much more
• More than $60 billion for environmental justice priorities
• Up to $60 billion for domestic clean energy manufacturing
• $27 billion for a Clean Energy Accelerator
• And much, much more

The text does include some giveaways to the fossil fuel industry – it mandates four offshore lease sales (two in the Gulf of Mexico and one in Alaska), and, astoundingly, ties any future offshore wind or wind power on public lands to oil and gas lease sales. These pieces simply don’t make sense in a climate bill – but they are a reflection of the makeup of the U.S. Senate – something we must keep working on.

Ultimately, this bill is essential for meeting our climate targets. This would be the single largest investment in clean energy in American history, and it can’t wait another moment. Call your representatives and urge them to pass the Inflation Reduction Act as soon as possible. We’ve got a script if you need it.

The American people elected Democrats to get a climate bill done, and now they must come through. It’s up to us to keep the pressure on until President Biden signs these historic climate investments into law.

Onward,

Jamal Raad
Executive Director, Evergreen Action