WASHINGTON – American companies have created more than 300,000 clean energy jobs since the presidential election Joe Biden signed the Inflation Reduction Act in August 2022, according to a detailed new analysis from an environmental advocacy group.
Climate Power, a left-wing organization focused on fighting climate change, has been tracking public announcements of clean energy jobs in the private sector since the law’s introduction. As of May 31, U.S. companies announced or advanced projects that will create more than 312,900 new clean energy jobs for electricians, mechanics, construction workers, technicians, support staff and others.
Other researchers predict the law will create more than five million clean energy jobs over the next decade. Both Climate Power and E2, a group of business leaders who advocate for environmental policies, noted that Republican-led congressional districts benefited most from the bipartisan law in its first year.
The Inflation Reduction Act, which offers more than $369 billion in clean energy incentives, is one of Biden’s most significant achievements as president. It is also considered the most important action Congress has ever taken on clean energy and climate change.
Here’s a copy of Climate Power’s analysis:
IRA created 300,000 clean energy jobs by jen_bendery on Scribd
Climate Power also just released new polling on clean energy and climate issues, finding it to be one of the top concerns among voters Donald Trump‘S stated plans to undermine the law. The former president and presumptive 2024 Republican nominee criticized the Inflation Reduction Act last month. a campaign event in Wisconsin. At a meeting in September 2023Trump claimed Biden’s electric vehicle mandates would “mean the death of the American auto industry.”
Earlier this month, Climate Power led a letter to congressional leaders with more than 300 clean energy business leaders from 42 states, urging them to oppose efforts to weaken the Inflation Reduction Act. Republicans in the House of Representatives are currently using the 2024 appropriations process to push for cuts to the law’s climate and infrastructure investments.
“Repealing the clean energy provisions of the Inflation Reduction Act would be nothing short of an economic and national security disaster,” business leaders warned.
Trump recently met with oil and gas executives and asked them for $1 billion for his campaign — in exchange for dismantling Biden’s climate regulations if he wins the November election. Senate Judiciary Committee chairmen have since launched an investigation into Trump’s apparent quid pro quo for oil and gas companies.
Trump reportedly made even more promises to oil industry executives at a fundraiser last month. A campaign spokesman declined to answer The Washington Post’s questions about the fundraiser, saying instead that “Trump is supported by people who share his vision for American energy dominance to protect our national security and lower the cost of living for all Americans.” to bring.”
Jobs and the economy will almost certainly be discussed when Biden and Trump participate in their first presidential debate on Thursday evening.
Lori Lodes, executive director of Climate Power and previously deputy communications director for Hillary Clinton’s 2016 presidential campaign, said Trump’s potential plans to roll back Biden’s clean energy law would hand America’s economic future to China.
“Donald Trump is promising to destroy more than 300,000 American clean energy jobs as part of his multibillion-dollar deal with oil executives, and he must be held accountable for that,” Lodes said in a statement.
