"Two years after the Inflation Reduction Act, some areas of the country have won big. Others have lagged."
"Two years ago, Congress passed the biggest climate bill in U.S. history — the Inflation Reduction Act, which spurred growth in solar panels, batteries and electric vehicles across the country.
Since then, money devoted to clean energy — initially estimated at $369 billion, but with the potential to reach up to $1 trillion — has flowed into almost every state, largely in the form of tax credits.
But this gusher of cash has also created winners and losers, according to a Washington Post analysis of data from the Massachusetts Institute of Technology and the clean energy modeling think tank Rhodium Group.
Not a single Republican lawmaker voted for the Inflation Reduction Act in 2022. Since then, many of them have voted to repeal its clean energy provisions and criticized the law as a waste of taxpayer money.
But red districts have emerged as the climate law’s biggest winners. According to The Post’s analysis, congressional districts that favored Trump in the 2020 election received three times as much clean energy and manufacturing investments as those that leaned toward Biden."
Niko Kommenda, Shannon Osaka and John Muyskens report for the Washington Post October 28, 2024.
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