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, 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.


Increased Credit or Deduction Amounts for Satisfying Certain Prevailing Wage and Registered Apprenticeship Requirements

This document contains proposed regulations regarding increased credit or deduction amounts available for taxpayers satisfying prevailing wage and registered

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Inflation Reduction Act Tracker

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U.S. Greenhouse Gas Emissions Trends and Projections from the Inflation Reduction Act

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Checklist: How to take advantage of brand-new clean energy tax credits

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Treasury Announces Information Timeline for Inflation Reduction Act Tax Implementation

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The Inflation Reduction Act—What it Is and What it Means for EV Adoption

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Cities & the Inflation Reduction Act

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H.R.5376 – Inflation Reduction Act of 2022

This bill imposes an alternative minimum tax of 15% of the average annual adjusted financial statement income of domestic corporations (excluding Subchapter S corporations, regulated investment companies, and real estate investment trusts) that exceeds $1…

Inflation Reduction Act of 2022

AMENDMENT: Strike all after the enacting clause and insert the following: TITLE I—COMMITTEE ON1 FINANCE TITLE I—COMMITTEE ON FINANCE Subtitle A—Deficit Reduction

Environmental Justice (EJ) Provisions of the 2022 Inflation Reduction Act

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Modeling The Inflation Reduction Act Using The Energy Policy Simulator

On July 27, 2022, the United States Senate released legislative text for the Inflation Reduction Act (IRA), which includes $369 billion in funding for climate and clean energy provisions. These emissions-reducing provisions run the gamut…

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Summary of the Energy Security and Climate Change Investments in the Inflation Reduction Act of 2022

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Alternative Fuels Data Center

The Inflation Reduction Act of 2022 (Public Law 117-169) amends the Qualified Plug-in Electric Drive Motor Vehicle Credit (IRC 30D), now known as the Clean Vehicle Credit, and adds a new requirement for final assembly…

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What the Inflation Reduction Act Means for Climate

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Alternative Fuels Data Center

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By The Numbers: The Inflation Reduction Act

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Media Coverage…As It Happened

Clean Energy’s Investment Boom

By Andrew Freedman   03/06/24  

AOC on The Green New Deal’s Anniversary

By The Brian Lehrer Show   02/21/24  

The New Hydrogen Rules Risk Opening the Door to Methane Offsets

By Emily Grubert and Danny Cullenward   02/09/24  

Treasury floats tax lifeboat for struggling offshore wind

By Heather Richards and Brian Dabbs   11/17/23  

A New Law Supercharged Electric Car Manufacturing, but Not Sales

By Jim Tankersley, Ana Swanson, Jack Ewing and Coral Davenport   11/08/23  

Biden’s Climate Moves

By Jeanette Woods and Others   08/27/23  

Biden touts Inflation Reduction Act on first anniversary

By Trevor Hunnicutt and Jarrett Renshaw   08/17/23  

Stop Giving Big Oil a Carbon Fig Leaf

By Dr. Jonathan Foley   08/17/23  

Biden’s hydrogen bombshell leaves Europe in the dust

By Gabriel Gavin and Ben Lefebvre   07/03/23  

Emissions and energy impacts of the Inflation Reduction Act

By John Bistline , Geoffrey Blanford and Others   06/29/23  

GOP’s newest attack on Biden’s climate law: China

By Kelsey Tamborrino and Josh Siegel   02/14/23  

Scoop: Biden’s EV surprise

By Joann Muller   02/01/23  

Biden’s next climate hurdle: Enticing Americans to buy green

By Chris Megerian, Hannah Fingerhut, and Matthew Daly   01/23/23  

Climate law: What to watch at Interior, FERC and DOE

By Heather Richards and Others   09/12/22  

The long road to the climate bill

By Andrew Freedman   08/11/22  

Why the climate bill’s Senate passage matters

By Ben Geman and Andrew Freedman   08/08/22  

New life for climate legislation

By Ben Geman and Others   07/28/22  

No Republicans signed on in the Senate or in the House

Manchin’s side deal on brink as GOP seeks his 2024 ouster

By Alexander Bolton  
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The IRA’s Very Specific Impacts on….

Dead EV batteries turn to gold with US incentives

By Nick Carey, Paul Lienert and Victoria Waldersee   07/21/23  

Ditching Fossil Fuels

By German Lopez   08/12/22  

The cost of climate action

By Quill Robinson   08/11/22  

What does the IRA mean for agtech?

By Daniel Rath and Lara Bryant   04/10/23  

DeSantis tells Biden: Keep your IRA money

By Jennifer Haberkorn   08/30/23  

United Auto Workers Hold Off on Backing Biden, for Now

By Shane Goldmacher and Coral Davenport   05/03/23  

Why you may choose to lease — rather than buy — your next electric car

By Timothy Puko, Steven Mufson and Maxine Joselow   03/29/23  

Treasury to release EV tax credit guidance next week

By Hannah Northey and Timothy Cama   03/22/23  

Scoop: Biden’s EV surprise

By Joann Muller   02/01/23  

The New Climate Bill Demands All-American EV Batteries

By Aarian Marshall and Others   08/15/22