New Haven, CT – Yesterday the U.S. House of Representatives joined the U.S. Senate in passing the Inflation Reduction Act, a bill that aims to cut emissions 40% below 2005 levels by 2030 through an unprecedented $369 billion investment in clean transportation and energy solutions, and advancing environmental justice.
“We are pleased to see Congress finally take meaningful action on climate. The Inflation Reduction Act’s historic $369 billion investment in clean transportation and energy solutions complements the efforts of Connecticut, New York, and other states in reducing greenhouse gas emissions and will help to put us on the path to meeting our international climate obligations,” said Charles Rothenberger, climate and energy attorney at Save the Sound.
Passage of the Inflation Reduction Act comes at a critical time, as the U.S. Supreme Court’s recent ruling in West Virginia v. EPA limited the authority of the Environmental Protection Agency to adopt certain regulations that would accelerate the transition to a clean energy economy. Now, the Inflation Reduction Act awaits President Biden’s signature.
“Funding from this program will accelerate priorities we have been working on for the last decade—from more affordable EVs for all income levels, and the infrastructure required to deploy them, to clean energy solutions that will save families money and clean-up the poor air quality that plagues our residents, “Rothenberger added.
###