Analysis from the National Renewable Energy Laboratory predicts that recent federal legislation could lead to a surge of clean energy deployment, and rapid reduction of emissions, by 2030.
The Inflation Reduction Act and Bipartisan Infrastructure Law include more than $430 million for clean energy and climate change mitigation from 2022 through 2031, according to estimates from the Congressional Budget Office.
NREL modeled a range of scenarios to reflect the impact of both the IRA and BIL against a scenario in which neither policy was passed and implemented.
