President Joe Biden today signed the Inflation Reduction Act, a budget reconciliation bill that includes $369 billion in energy and climate investments and will create an estimated 9 million jobs over 10 years. Additionally, the bill will reduce emissions by up to 44% by 2030 and invest in economic justice programs.
In response to the signing the BlueGreen Alliance released the following statement from Executive Director Jason Walsh:
“Today represents a historic leap toward the creation of a cleaner, more prosperous future for our nation. The BlueGreen Alliance was founded on the principle that we do not have to choose between good jobs and a clean environment, and the groundbreaking Inflation Reduction Act demonstrates we can have both. This law will grow clean energy, revitalize U.S. manufacturing, and support and create good union jobs—particularly in the places that need them most. We thank President Biden and members of Congress who never gave up on this effort and delivered this historic piece of legislation.”