The Inflation Reduction Act of 2022 provides funding for more than 100 programs to help the nation meet its climate goals and transition to a clean energy economy. An important subset of these programs provides $60 billion in grants, tax credits and other subsidies to meet the Administration’s environmental justice goals by helping lower income families transition to a clean energy economy and adapt to rising temperatures by increasing the energy efficiency of their homes, cars, and communities. The bill would also specifically address air pollution, greenhouse gas emissions and other legacy pollution issues that have disproportionally impacted lower income communities.
Read NEADA’s full analysis of the bill’s provisions and funding for helping low income families transition to a clean energy economy.
The Senate passed their version of the bill and the House is expected to consider it this Friday.
