Clean Energy in America: The Inflation Reduction Act Turns Two

August 22, 2024 — When the Inflation Reduction Act (IRA) was signed into law by President Biden two years ago, many were hailing the “Green New Deal” as a once-in-a-generation bill that was going to accomplish a lot in the clean energy space. It was intended not only to jumpstart clean energy innovation and manufacturing across America while creating thousands of new jobs, but it also aimed to expand existing generous demand-side subsidies for consumers of clean energy. In today’s Global Sustainability Spotlight, we will share some observations about the success of the clean energy section of the IRA.