Brett Peveto, Public News Service
It has been one year since the Inflation Reduction Act was signed into law by President Joe Biden.
The sweeping climate legislation has had vast impacts on Georgia and the nation. Along with boosting funds for climate-smart projects, the Inflation Reduction Act has expanded green-economy jobs. A recent Climate Power report ranked Georgia second in the nation for new clean energy projects since the measure was passed.
Rep. Sandra Scott, D-Jonesboro, said transitioning to clean energy will help reduce costs for Georgians.
“Renewable energy resources offer the most affordable power options available in the present-day market,” Scott pointed out. “Embracing clean, renewable energy helps reduce dependence on volatile fossil fuel prices, ensuring stability and security in our energy supply.”
The Climate Power report said more than 16,000 clean energy jobs have been announced in the state since the passage of the Inflation Reduction Act.
The Department of Energy reports Georgia currently has more than 3.6 gigawatts of wind, solar, and storage capacity.
Incentives from the Inflation Reduction Act are estimated to add $180 million of investment to the state in the form of large-scale clean power generation.
Alex Cornell du Houx, president and co-founder of the group Elected Officials to Protect America, said the scale of clean energy investment nationally is huge.
“The exciting thing about the IRA is it creates a clean energy future,” du Houx asserted. “Because in the last eight months, we’ve seen 96 gigawatts of new clean power announced. That’s enough to power 20 million homes, or one in seven homes in the U.S.”
The Inflation Reduction Act includes funding for a variety of projects which in addition to renewable energy generation, include energy efficiency improvements and weatherization, and zero-emission or low-emission transportation.
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This article originally appeared in Public News Service and is republished here under a Creative Commons license.