The Inflation Reduction Act and Bipartisan Infrastructure Law include the largest federal climate investments in U.S. history and offer the nation a chance to accelerate its transition to a low-carbon economy. If leveraged to the full extent, the massive federal investments in the Inflation Reduction Act and Bipartisan Infrastructure Law could deliver a plethora of benefits across the country — including creating millions of jobs, boosting local economic growth, improving public health and addressing inequities. These laws also put the U.S. within striking distance of its goal to cut greenhouse gas emissions by 50%-52% by 2030.
However, to fully realize these benefits and deliver for the American people and the climate, federal funds must be implemented in a timely, efficient and equitable manner. This will require roadmaps for implementation at every level: public and private, individual, local, state and national.
WRI developed the U.S. Climate Policy Resource Center to share resources, considerations and challenges as a guide for policymakers as they implement federal funds from the Inflation Reduction Act and Bipartisan Infrastructure Law. The Resource Center also breaks down new incentives for businesses and individuals which encourage development and uptake of clean energy technologies.