Tag Archive for: climatelaw

At least $25.7B in new US clean-energy factories are in the works. Most of these projects and jobs are in traditionally conservative states.

At least $25.7 billion in new U.S. clean-energy factories are in the works, thanks in part to the generous subsidies in President Joe Biden’s landmark climate law. Most of these projects — and the jobs that come with them — are in traditionally conservative states.

In Dalton, Georgia, green energy hasn’t been a priority. Its congressional representative, Marjorie Taylor Greene, has said that “Earth warming and carbon is actually healthy for us.”

But a new solar-panel factory is changing minds in the city of 34,000. Indeed, the presence of new jobs is transforming solar power into a tangible community benefit.

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Source: The Seattle Times

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The IRA is going to transform America’s energy economy, and the forecasts show a wave of clean energy and manufacturing investments

President Joe Biden’s sweeping climate legislation is expected to boost US solar installation, but lingering bottlenecks in the global supply chain and trade issues mean most gains won’t be realized until 2024.

Clean-energy developers are forecast to install more than 215 gigawatts of solar panels during the next five years, according to a report published Thursday from the Solar Energy Industries Association and Wood Mackenzie. That’s 40% more than the Washington-based trade group expected without the Inflation Reduction Act, the climate-friendly bill signed into law last month.

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Source: Bloomberg

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