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The clean energy tax credits passed under the historic Inflation Reduction Act (IRA) represent the world’s largest investment in countering the climate crisis by any nation ever. We celebrate the role the Friends Committee on National Legislation’s staff and network played in its landmark passage in 2022.

Thanks to the IRA, we are closer than ever before to halving U.S. greenhouse gas emissions by 2030 and reaching our goal of net-zero emissions by 2050. In addition to helping us meet our nation’s climate goals, the IRA has spurred the creation of over 400,000 jobs in the clean energy economy.

Despite the historic bipartisan support for clean energy tax credits and the historic numbers of jobs created in these new industries, the IRA faces the threat of repeal. Recent research shows that repealing these credits will:

• Increase electricity bills by 10% on average;

• cost 97,000 jobs; and

• end over $300 billion in investments nationwide.

Tell your members of Congress to oppose repealing the Inflation Reduction Act’s clean energy investments in the upcoming budget reconciliation bill.

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