In response to the release of the full bill text of the Inflation Reduction Act of 2022, Evergreen Action Co-founder and Senior Advisor Sam Ricketts released the following statement:

“Today, the Senate put forward a package that will save countless lives by making historic investments in a more just, affordable and competitive American clean energy economy. These investments will fight inflation by driving down skyrocketing energy costs, create good-paying jobs across the country, and drive America towards meeting President Biden’s climate targets and avoiding the worst impacts of the climate crisis. 

“With $369 billion in climate and clean energy investments, this agreement is a historic breakthrough. It’s especially encouraging to see a robust package of Clean Energy Tax Credits; more than $60 billion for environmental justice priorities; up to $60 billion in investments and financing supporting domestic clean energy manufacturing; $27 billion for a Clean Energy Accelerator; $5 billion in State Climate Pollution Reduction Grants, and much more. While it is unfortunate that the bill includes some support for the continued production of fossil fuels on public lands and waters, we recognize that it is the result of a long, painstaking process necessary to achieve the support of all 50 Democratic senators in this Congress. 

“Senate Leader Schumer should move immediately to advance this bill to debate and secure passage of the single largest climate investment in American history. And the House should swiftly follow suit. This bill is an essential step–alongside more federal executive action, and accelerating state leadership–towards building a 100% clean energy future for all. Onward.”

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