Nearly all new US power plants built in 2024 will be #CleanEnergy
"Now, in 2024, everyone from investor-owned utility companies to cooperatives, municipals and private developers across 50 states has decided carbon-free energy would be the most competitive option to meet their power needs. The industry’s aggregate investment decisions mean that 96% of all new large power plant capacity will be carbon-free."
"Looking back at the first full year since passage of the #InflationReductionAct, the U.S. Solar Market Insight, Year-in-Review 2023 shows that the legislation has skyrocketed the industry and will have a lasting economic impact in terms of #energy, #jobs and #investment opportunity."
"Ali Zaidi says a surge in #CleanEnergy manufacturing and renewable power rollout is drawing support, although many people appear unaware of the historic investments made by the #Biden administration.
Climate activists accuse President Joe Biden of doing too little to move the U.S. away from fossil fuels. Polls show that many voters don’t know about Biden’s biggest green initiatives."
"An analysis of the bill's impact shows that for every $1 the government invested, the private sector spent nearly $5.50."
“It’s proving the value of the federal government taking the lead, putting in place policy that says, ‘This is the direction that we’re headed: supporting decarbonization, supporting clean energy.'”
"We can certainly cut emissions by 40 percent, as stated in the #InflationReductionAct, or IRA, but we’re still far from the 50 percent reduction needed by 2030 to meet its commitments under the Paris Agreement.
As long as the government doesn’t “screw it up,” Keefe said, “We are quite literally on the cusp of the biggest economic revolution we’ve seen in this country in generations.”
Add comment