Inflation Reduction Act of 2022: Modeling Major Climate and Energy Provisions
On July 27, Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) released a new deal for a reconciliation package, the Inflation Reduction Act of 2022. The proposal includes $369 billion for new climate and energy investments over the next decade. What does the broad package mean for US climate ambitions—and Americans’ pocketbooks?
Modeling experts from Resources for the Future (RFF), Energy Innovation, Princeton University’s REPEAT Project, and Rhodium Group have examined the legislation’s climate and energy provisions and projected their effects on US emissions reductions and costs for US retail electricity consumers. Join us on Wednesday, August 10, for an RFF Live webinar featuring these experts as they talk about their analysis, key provisions in the legislation, and their work to inform the conversation surrounding this landmark proposal.