THE INFLATION REDUCTION ACT OF 2022
On Sunday, August 7, 2022 the Senate – (significantly watered down from the original Build Back Better bill in order to capture the votes of two recalcitrant democrats, Joe Manchin and Krysten Lee Sinema) passed the biggest climate bill the US has ever seen.
On Friday, August 12, the House followed and sent the bill for signature to President Joe Biden.
On Monday, August 16, 2022 the President signed it, handing the pen to Senator Manchin after completion.
Not one Republican voted for it.
On September 13, the White House launched Cleanenergy.gov, a website that explains how consumers can take advantage of the clean energy tax credits in the Inflation Reduction Act. The site provides information on the tax credits that are available for rooftop solar panels, heating and cooling systems, energy efficiency upgrades and electric vehicles. Consumers can also sign up to receive updates about incentives that will become available next year.
The site provides information on the tax credits that are available for rooftop solar panels, heating and cooling systems, energy efficiency upgrades and electric vehicles. Consumers can also sign up to receive updates about incentives that will become available next year. “About half of the energy costs for the average home come from HVAC units," a senior White House official told reporters Tuesday, speaking on the condition of anonymity because they were not authorized to comment publicly. “For the first time, we've got a set of rebates and tax credits that will combine to help us reduce those costs by deploying electric heat pumps all across the country.”
*These are rough estimates because of changes to the drug price provisions in the bill after cost and savings estimates were released. Savings from the drug price negotiation policy may end up being lower, and the savings from limits on drug price increases are unofficial estimates based on an analysis by Don Schneider, a former chief economist of the House Ways and Means Committee. Figures are in billions and over 10 years.
KEY RESOURCES
The Inflation Reduction Act: A Snapshot for Business
Inflation Reduction Act Funding for Rural Development
Inflation Reduction Act Tracker
U.S. Greenhouse Gas Emissions Trends and Projections from the Inflation Reduction Act
Checklist: How to take advantage of brand-new clean energy tax credits
3 ways to tap billions in new money to go green — starting this month
With forests in peril, she’s on a mission to save ‘mother trees’
Treasury Announces Information Timeline for Inflation Reduction Act Tax Implementation
The Inflation Reduction Act—What it Is and What it Means for EV Adoption
It’s time to maximize our electric potential
Cities & the Inflation Reduction Act
H.R.5376 – Inflation Reduction Act of 2022
Inflation Reduction Act of 2022
Environmental Justice (EJ) Provisions of the 2022 Inflation Reduction Act
For leaders abroad, new U.S. law restores climate credibility
What the U.S. climate law means for the world
Biden’s Climate Law Is Ending 40 Years of Hands-Off Government
Biden’s Signing of Climate Law Kicks Off Marathon of Rulemaking (2)
Modeling The Inflation Reduction Act Using The Energy Policy Simulator
Adding it Up: Groundbreaking Federal Investments into Clean Energy Innovation
Federal study: New climate law to slice carbon pollution 40%
Summary of the Energy Security and Climate Change Investments in the Inflation Reduction Act of 2022
Alternative Fuels Data Center
A Detailed Picture of What’s in the Democrats’ Climate and Health Bill
What the Inflation Reduction Act Means for Climate
Alternative Fuels Data Center
By The Numbers: The Inflation Reduction Act
Inflation Reduction Act: Agricultural Conservation and Credit, Renewable Energy, and Forestry
Senate Democrats pass sweeping climate, health care and tax bill; Here’s what’s in it
Why Congress Must Pass the Climate Bill
Media Coverage…As It Happened
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New Rules Help to Answer Whether Clean Energy Jobs Will Also Be Good Jobs
Opinion Electric cars and solar cells rely on Chinese minerals. Here’s how to curb the risks.
Chart: The US can’t meet its climate goals unless states step up
Biden touts Inflation Reduction Act on first anniversary
Inflation Reduction Act, 1 Year In: 6 Ways It Can Save You Money on Energy Costs
A Year Into Biden’s Climate Agenda, the Price Tag Remains Mysterious
Why John Podesta thinks the Inflation Reduction Act is the next Obamacare
Guest post: How the Inflation Reduction Act narrows the gap to US climate goals
The IRA turns 1. Many Democrats are already talking about the next climate law.
Harris embraces her climate change portfolio as administration races to sell the Inflation Reduction Act
How to Decarbonize Your Home With the Inflation Reduction Act
Biden, Yellen Lead Blitz to Celebrate Inflation Reduction Act
A renewable energy battery plant will rise in US where a steel mill once stood
Green investment boom and electric car sales: six key things about Biden’s climate bill
Can vacuums slow global warming? Administration bets $1.2 billion on it.
Most Americans Disapprove of Biden’s Handling of Climate Change, Poll Shows
How COVID and Biden’s climate law could usher in an era of green housing
Most disapprove of Biden’s handling of climate change, Post-UMD poll finds
Billions of federal dollars available for churches and nonprofits to go green
How Biden’s climate law will — and won’t — transform America
Taking Stock 2023: US Emissions Projections after the Inflation Reduction Act
Biden’s hydrogen bombshell leaves Europe in the dust
Emissions and energy impacts of the Inflation Reduction Act
Democrats’ clean-energy tax credits are popular — and expensive
Repealing Inflation Reduction Act’s Energy Credits Would Raise $663 Billion, JCT Projects
‘It’s just crazy’: How the U.S.-China energy race imperils the climate fight
Manchin clashes with Biden administration over climate law
An over-budget, trade-disrupting, huge legislative success
Companies Flock to Biden’s Climate Tax Breaks, Driving Up Cost
EPA with Governor Polis announces $3 million for innovative Climate Pollution projects across the state
Analysis: US grid could be 90% carbon-free by 2030 with IRA tax credits
GOP’s newest attack on Biden’s climate law: China
A Huge, Uncharted Experiment on the U.S. Economy Is About to Begin
Can individuals solve climate change? New federal cash makes it more possible than ever.
The man in charge of how the US spends $400bn to shift from fossil fuels
Media reaction: US Inflation Reduction Act and the global ‘clean-energy arms race’
This Guide Can Help You Save Money and Fight Climate Change
Biden’s next climate hurdle: Enticing Americans to buy green
Davos 2023: EU to counter U.S. climate game changer with own green deal
3 ways to tap billions in new money to go green — starting next month
How to hand out billions in climate subsidies? Very carefully.
New clean energy investments have topped $40B since the IRA passed, report says
How states and utilities can lower consumer bills and accelerate the clean energy transition
Biden Seeks to Resolve Trans-Atlantic Tensions During Macron Visit
With federal aid on the table, utilities shift to embrace climate goals
Inflation Reduction Act upends utility resource planning tenets: NARUC panelists
Carbon dioxide emissions increased in 2022 as crises roiled energy markets
Treasury gets an earful as it crafts climate bill’s tax rules
Biden administration outlines plan to pay for Colorado River water cuts as crisis looms
Will the Biggest Fossil Fuel States Sabotage Biden’s Climate Package?
Will the biggest fossil fuel states sabotage Biden’s climate package?
Clash over energy projects could threaten government funding bill
How clean energy economics can benefit from the biggest climate law in US history
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Climate law: What to watch at Interior, FERC and DOE
Progressive Revolt Against Manchin’s Energy Side Deal Could Snarl Government Funding
Dozens of House Democrats urge Pelosi to split permitting from funding bill
Permitting bill could pass over objections of liberals, activists
Sanders blasts permitting reform as Democrats’ divide grows
The Civilian Climate Corps was dropped from the climate bill. Now what?
Biden, Remaking Climate Team, Picks John Podesta to Guide Spending
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Democrats’ energy permitting gambit ‘fractures’ alliance with environmentalists
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Federal government dives into climate fight, but California still leads
Surrounded by fossil fuels, they fear climate bill leaves them behind
The Inflation Reduction Act Is a Huge Win for Climate But Still Falls Short
Why the climate bill’s impact might not match what many expect
Why the climate bill’s impact might not match what many expect
Media reaction: What Joe Biden’s landmark climate bill means for climate change
Inflation Reduction Act Offers Significant Tax Incentives Targeting Energy Transition and Renewables
Biden Signs Historic Climate Bill as Scientists Applaud
Al Gore on the Inflation Reduction Act: ‘It took so long’
With Inflation Reduction Act, U.S. Sees Landmark Action On Climate Change
House passes sweeping climate, tax and health care package
What the Inflation Reduction Act Does — and Doesn’t Do — for Climate
House passes sweeping climate and health care bill, sending it to Biden’s desk
House passes Democrats’ health care and climate bill, clearing measure for Biden’s signature
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The Inflation Reduction Act Is About to Jumpstart U.S. Climate Policy and Change the World
As Historic Climate Bill Heads to Biden’s Desk, Young Activists Demand More
Climate drama is far from over in Congress — and California
Sweeping climate bill will push American energy to go green
The Climate Bill Isn’t Perfect, but It’s Still a Major Victory
A victory at whose expense? Climate activists grapple with political compromise.
The Senate finally passed a historic climate bill. Now what?
Experts: Senate-passed bill will yield myriad climate benefits
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Manchin Touts Democrats’ Climate and Tax Bill, Which Draws GOP Criticism
Joe Manchin hails expansive bill he finally agrees to as ‘great for America’
Climate experts experience an odd sensation after the Manchin budget deal: optimism
Biden hails ‘most significant legislation to tackle climate crisis’ after Manchin says yes – as it happened
U-turn as Manchin agrees deal with Democrats on major tax and climate bill
No Republicans signed on in the Senate or in the House
Manchin vows to fight implementation of IRA as ‘radical climate agenda’
Manchin clashes with Biden administration over climate law
Why you may choose to lease — rather than buy — your next electric car
Senate rejects Manchin’s energy permitting amendment to defense bill
Manchin’s side deal on brink as GOP seeks his 2024 ouster
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11/27/22