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Washington, D.C. – On the six-month anniversary of President Biden signing the Inflation Reduction Act into law, the League of Conservation Voters (LCV) issued the following statement from Senior Director of Government Affairs Matthew Davis:
“In the short six months since the historic Inflation Reduction Act was signed into law, the Biden-Harris administration’s affordable clean energy plan is already lowering costs, creating good jobs, and reducing toxic pollution that causes health problems across the country. From energy and car companies announcing billions of dollars of investments in U.S.-based clean energy facilities that will create at least 100,000 good jobs and counting, to initial cost-saving clean energy tax credit guidance for companies and individuals, this plan is making a big impact, fast. In just the last week, we’ve been encouraged by the White House, EPA, Treasury, IRS, Department of Energy, Department of Agriculture, and U.S. Federal Highway Administration taking steps to begin to direct benefits of the clean energy transition to low-income and disadvantaged communities, including communities of color, rural communities, energy-deficient communities, port communities, and major trucking corridors. At the same time there is more work to do to ensure that all of these investments and tax credits are the most effective at reducing emissions and advancing equity.
“If these first six months with the Inflation Reduction Act on the books are any indication, our country has a LOT to look forward to in the coming months and years. LCV and our state partners are all in to support the Biden-Harris administration’s swift, effective, and equitable implementation of the Inflation Reduction Act and finalization of health and climate protections across the agencies that get us all the way to the President’s climate goal.”
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