Inflation Reduction Act
The Inflation Reduction Act (IRA) signed by President Biden on 8/16/2022, will provide roughly 369 billion in funding for climate change related and clean energy initiatives with the goal of reducing carbon emissions 40% by 2030. Industries that will directly benefit from this legislation include – renewable energy, electric vehicles, nuclear power advocates, clean hydrogen & alternative fuels, storage, offshore energy, among others.
This landmark bill will benefit US residents for years to come. Reach out directly to Roots Clean Energy in order to get our comprehensive outline of the bill and our analysis on the affect this change will have on the renewable energy industry and options for corporate off-takers to take advantage.