IRA and BIL represent historic investments in the modernization of the nation’s energy system. The two laws are designed to enhance energy security; lower energy costs for consumers; improve human health; and mitigate climate change. The laws also...
March 15, 2023
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IRA and BIL represent historic investments in the modernization of the nation’s energy system. The two laws are designed to enhance energy security; lower energy costs for consumers; improve human health; and mitigate climate change. The laws also seek to create high quality jobs and new economic opportunities, including through investments in and incentives for domestic manufacturing. Crucially, the laws address inequities in the nation’s energy system, including increasing access to clean energy technologies and reducing the impacts of energy-related pollution on communities that have historically borne the brunt of air pollution impacts.