5min chapter

A Matter of Degrees cover image

This is a Big (Climate) Deal: What’s in the Inflation Reduction Act?

A Matter of Degrees

CHAPTER

Climate Investment

The bill contains billions of dollars worth of consumer facing incentives that would help us to reduce emissions and energy bills. It includes tax credits that will make it cheaper for low and middle income americans to get clean energy technologies, like an electric vehicle or a heat pump,. The estimate is that it will reduce carbon emissions by forty % by 20 30. If people adopt these technologies, it will save them an average of about 18 hundred dollars a year on energy bills.

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