Read our full analysis for a more in-depth look at these trends.
IRA ripple effect: 10 areas of impact
As the first anniversary of the IRA approaches, we break down the bill and discuss 10 places where its impact is most evident.
August 2023
Key takeaways
- While the biggest impacts of the Inflation Reduction Act (IRA) will begin in 2024 and 2025, its ripple effects are already starting to take shape. To date, over 270 new clean energy projects have been announced, with investments totaling $132 billion.
- From electric vehicles and batteries to renewable energy projects and healthcare, the IRA is expected to play a vital role in incentivizing investments and creating jobs. In fact, over 86,000 jobs could be created out of projects announced thus far.
- As the first anniversary of the IRA approaches, we break down the bill and discuss 10 things you need to know about where its impact may be most evident.
