Inflation Reduction Act of 2022: Modeling Major Climate and Energy Provisions
Experts from RFF, Energy Innovation, the REPEAT Project, and Rhodium Group discuss new analyses that project the bill’s potential impacts on US households and economy-wide emissions reductions.
Event Details
On July 27, Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) released a new deal for a reconciliation package, the Inflation Reduction Act of 2022. The proposal includes $369 billion for new climate and energy investments over the next decade. What does the broad package mean for US climate ambitions—and Americans’ pocketbooks?
Modeling experts from Resources for the Future (RFF), Energy Innovation, Princeton University’s REPEAT Project, and Rhodium Group have examined the legislation’s climate and energy provisions and projected their effects on US emissions reductions and costs for US retail electricity consumers. At an RFF Live webinar on August 10, 2022, these experts discussed their analyses, key provisions in the legislation, and their work to inform the conversation surrounding this landmark proposal.
