The Inflation Reduction Act (IRA) is the largest climate bill in U.S. history. It will get the U.S. much closer to our climate goals, reducing greenhouse gas pollution by one billion metric tons from current levels. But there remains a 500 million metric ton gap between what the IRA can achieve and President Biden’s net-zero-aligned target of reducing U.S. greenhouse gas pollution 50 to 52 percent below 2005 levels by 2030. The federal government has significant leverage to help close this gap. In this report, Rewiring America details nine specific actions that the federal government can take to accelerate economy-wide electrification and help get us closer to Biden’s goal.
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Publisher: Rewiring America
Date: December 13, 2022
Type: Research Report
Countries: United States
States: None