Inflation Reduction Act

President Joe Biden’s landmark Inflation Reduction Act makes historic investments in America’s middle class by creating new, good-paying jobs; accelerating the transition to a clean energy economy, including through electric vehicle (EV) tax credits and rebates; and lowering the cost of utilities, health care coverage, and prescription drugs. Moreover, the law takes on entrenched special interests like Big Oil and Big Pharma and makes multibillion dollar corporations finally pay their fair share in taxes.

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First Solar Thin Film Research and Development Center Article
A field of solar panels is seen in the middle of the desert.

First Solar Thin Film Research and Development Center

First Solar is spending $450 million to establish a research and development center focused on the production of thin film photovoltaic modules.

4 Things To Know About the EPA’s Upcoming Car Emissions Standards Article
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4 Things To Know About the EPA’s Upcoming Car Emissions Standards

The Environmental Protection Agency’s finalized emissions standards for cars and light trucks in model years 2027 through 2032 will drive billions of dollars in public health, climate, and economic benefits.

Leo Banks

‘Clean Up To Green Up’: Building a Clean Energy Workforce and a Brighter Future in Detroit Video

‘Clean Up To Green Up’: Building a Clean Energy Workforce and a Brighter Future in Detroit

The Green Door Initiative is using federal investments from President Joe Biden's Justice40 Initiative and the Inflation Reduction Act to ensure that all people—regardless of race, income, or ZIP code—have access to good jobs and live in safe and healthy communities.

CAP Files Amicus Curiae Briefs Highlighting Importance of the Inflation Reduction Act in Lowering Drug Prices Article

CAP Files Amicus Curiae Briefs Highlighting Importance of the Inflation Reduction Act in Lowering Drug Prices

These briefs emphasize the benefits of the Inflation Reduction Act’s Medicare prescription drug price negotiation program for affordability and health equity.

CAP Files Amicus Curiae Brief Highlighting Importance of the Inflation Reduction Act in Lowering Drug Prices Article

CAP Files Amicus Curiae Brief Highlighting Importance of the Inflation Reduction Act in Lowering Drug Prices

This brief, filed by the Center for American Progress and the NAACP in response to Boehringer Ingelheim Pharmaceuticals Inc. v. U.S. Department of Health and Human Services et al., emphasizes the benefits of the Inflation Reduction Act’s Medicare prescription drug price negotiation program for affordability and health equity.

How Inflation Reduction Act Electric Vehicle Incentives Are Driving a U.S. Manufacturing Renaissance Report
Photo shows several cars lined up on both sides of a divider with EV chargers that display orange signs reading

How Inflation Reduction Act Electric Vehicle Incentives Are Driving a U.S. Manufacturing Renaissance

More than a dozen new incentives enacted through the Inflation Reduction Act, the Infrastructure Investment and Jobs Act, and the CHIPS and Science Act have sent investments in EV manufacturing skyrocketing, resulting in more than 84,000 announced jobs in just the first year of implementation.

Leo Banks

LNG Exports Raise Natural Gas Prices for Americans Article
Construction cranes stand silhouetted by the sunset at the Golden Pass LNG terminal.

LNG Exports Raise Natural Gas Prices for Americans

U.S. export terminals for liquified natural gas (LNG) are turning what was once a domestic energy source into an internationally traded commodity, exposing American households and businesses to higher natural gas prices set on a volatile global market.

Chris Martinez

Guide to Rural and Tribal Capacity-Building Programs Report
Joe Biden in front of clouds in sky

Guide to Rural and Tribal Capacity-Building Programs

These 10 federal programs are designed to expand capacity and bridge the gap between federal resources and the rural and Tribal communities that need them most.

Mark Haggerty, Chéri Smith

How States Can Equitably Deliver Home Electrification Rebates Report
Photo shows workers on a roof of a light grey hours against a cloudy sky

How States Can Equitably Deliver Home Electrification Rebates

State and Tribal authorities must prioritize exhausting and distributing more than $4.5 billion through the Home Electrification and Appliance Rebate program directly to low- and moderate-income households in order to decarbonize the nation’s most climate-vulnerable, energy-burdened homes.

Jasia Smith

Testimony on the Impact of the COVID-19 Response on the Economy Testimony

Testimony on the Impact of the COVID-19 Response on the Economy

Bobby Kogan, senior director of Federal Budget Policy at the Center for American Progress, filed written testimony before the U.S. House Oversight and Accountability Committee’s Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs; this testimony is in support of the macroeconomic fiscal policy taken in response to the COVID-19 pandemic and ensuing recession.

Bobby Kogan

The Inflation Reduction Act: A Year in Review Testimony

The Inflation Reduction Act: A Year in Review

Trevor Higgins, senior vice president of the Energy and Environment department at the Center for American Progress, filed written testimony before the U.S. House Oversight and Accountability Committee’s Subcommittee on Health Care and Financial Services; the testimony is in support of the Inflation Reduction Act in its first year of historic investments in American households and jobs aimed at accelerating the U.S. transition to a clean energy economy.

Trevor Higgins

Implementing America’s Clean Energy Future: Leveraging Federal Investments To Support State and Local Climate Leadership Past Event

Implementing America’s Clean Energy Future: Leveraging Federal Investments To Support State and Local Climate Leadership

Please join the State-Federal Climate Initiative at the Center for American Progress to discuss the opportunities and challenges facing states and local governments as they look to implement historic levels of federal climate funding.

Fact Sheet: Implementing America’s Clean Energy Future Fact Sheet
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Fact Sheet: Implementing America’s Clean Energy Future

This fact sheet provides recommendations for how states and local governments, federal agencies, and other interested parties can work together to advance climate leadership at the state and local levels.

Pennsylvania Goonies Solar Farm Article

Pennsylvania Goonies Solar Farm

Funding for the Goonies Solar Farm, which will produce enough energy for 33,000 households, will go toward developing a new solar engineering design that will then be manufactured by Doral Renewables.

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