Monday, January 1, 2024
Large-scale clean energy and clean vehicle projects in the first year of the Inflation Reduction Act (IRA) are projected to drive $20 billion in private-sector investments and create than 67,000 new, good paying direct and indirect jobs to rural U.S. counties often bypassed by previous economic transitions, according to E2's latest report on the impact of the IRA.
According to BW and E2’s analysis, in addition to new tax revenues, the 52 new large-scale clean energy projects would create 46,000 jobs over 5 years during construction and more than 21,000 jobs annually over the operational life of the projects; $24 billion to U.S. GDP and $2.7 billion annually over the life of the projects; and $17 billion in wages during construction and $1.8 billion during the life of the projects.read the full report
Clean energy and clean vehicle jobs in America grew 4 percent in 2022, bringing the total number of workers in renewable generation, energy efficiency, clean vehicles, battery and storage, grid modernization, and biofuels to more than 3.3 million. Clean energy now employs over 40 percent of all energy workers in America.
E2’s eighth annual Clean Jobs America 2023 report shows that every state added clean energy jobs in 2022 – regardless of politics, climate, or geology.visit cleanjobsamerica.e2.org
Since its inception, E2 has been recognized as a leader in advocation for policies that protect the environment while building economic prosperity. Our members use their collective voice to make the business and industry case for strong state and federal policies that address pressing environmental problems.
By now, there’s a good chance the nation’s most important climate and clean energy policy is already creating jobs and driving economic growth in your state.
And maybe in ways you might not expect.
Jon is co-founder of CleanCapital, a privately held investment platform that originates and manages the operation of clean energy projects across the country. CleanCapital has acquired more than $500 million…
Jon Powers - Buffalo, N.Y.