Overview

• The Inflation Reduction Act has driven $133 billion in clean energy and electric vehicle investments since 2022.
• Manufacturing investments have surged by 305%, creating over 100,000 jobs across 271 projects.
• Significant funding has been allocated to innovative industrial technologies, including low-carbon steel and cement production.
• Most investments are concentrated in Republican districts, complicating potential efforts to repeal the Act.
• Long-term impacts are expected to significantly reduce emissions and modernize U.S. industry.