Briefing Book

Inflation Reduction Act

Region

Federal

NCEL Point of Contact

Clara Summers
Climate and Energy Program Manager

Contact

Overview

The Inflation Reduction Act (IRA) of 2022 invests a landmark $369 billion in climate and energy investments along with tax and healthcare reforms. While the IRA creates myriad tax credits for the American people to access directly, a large portion of the funding will be applied by states, who will have a vital role in the success of the programs. If properly implemented, the IRA funds have the potential to reduce emissions up to 44% below 2005 levels by 2030. This briefing book is meant to provide insight for state legislators into the various programs and funding opportunities within the IRA in order to most effectively further their climate and conservation goals.

Resources

NCEL Resources

Online Resources

Inflation Reduction Act (IRA)

Legislative text for the 2022 Inflation Reduction Act (IRA).

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Breaking Down the Environmental Justice Provisions in the 2022 Inflation Reduction Act - Environmental & Energy Law Program at Harvard University

This blog focusses on key considerations for agencies as they work to implement the IRA’s environmental justice provisions.

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User Guide to the Inflation Reduction Act - BlueGreen Alliance

The purpose of this user guide is to act as an easy reference for a number of policies and programs included in the IRA in eight broad areas.

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Implementing the Inflation Reduction Act: A Roadmap for State Electricity Policy - Energy Innovation

This resource covers the IRA’s electricity sector provisions, which could spur a clean energy revolution and amplify emissions reductions by electrifying other sectors. i

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Flowing river

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