A nonpartisan business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022. At least $86 billion in investments have been announced, with the biggest job gains in expected in the electric vehicles, battery storage and solar energy sectors, said the report issued Wednesday by Environmental Entrepreneurs (E2). The IRA, signed August 2022, contains $500 billion in new federal spending to lower healthcare costs, increase tax revenues and address climate change by offering incentives so clean tech companies innovate and manufacture in the U.S. “We’re in the biggest economic revolution we’ve seen in generations thanks to the Inflation Reduction Act and other clean energy policies," said E2 executive director Bob Keefe.
Business group estimates several hundred thousand clean energy jobs in EV, battery storage and solar