The Inflation Reduction Act — the largest-ever U.S. investment in climate and clean energy — has reshaped the nation’s approach to the climate crisis, reinvigorated its economy, and powered an unprecedented surge in clean energy manufacturing and deployment. Building off of the foundation of the bipartisan Infrastructure Investment and Jobs Act of 2021, the Inflation Reduction Act’s impact across the country has already been massive.
Since August of 2022, companies across the nation have committed to invest tens of billions of dollars to build more than 100 factories in the U.S. producing batteries, electric vehicles, solar panels, and other climate technologies. These projects are creating thousands upon thousands of jobs in red, blue, and purple states alike, and in communities of every type — and there is so much more to come.
