Between 2022 and 2031, the United States plans to spend over 390 billion U.S. dollars on clean energy and climate protection projects, as established by the Inflation Reduction Act (IRA) in 2022. Clean electricity tax credits will account for the largest share of this funding, while 42 billion U.S. dollars will be spent for the reduction of greenhouse gas emissions, of climate pollution, and for the decarbonization of the transportation sector.
Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category
(in million U.S. dollars)
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Visual Capitalist (Decarbonization Channel). (February 21, 2023). Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/
Visual Capitalist (Decarbonization Channel). "Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars)." Chart. February 21, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/
Visual Capitalist (Decarbonization Channel). (2023). Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/
Visual Capitalist (Decarbonization Channel). "Estimated Clean Energy and Climate Funding in The Inflation Reduction Act in The United States from 2022 to 2031, by Category (in Million U.S. Dollars)." Statista, Statista Inc., 21 Feb 2023, https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/
Visual Capitalist (Decarbonization Channel), Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars) Statista, https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/ (last visited December 21, 2024)
Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars) [Graph], Visual Capitalist (Decarbonization Channel), February 21, 2023. [Online]. Available: https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/
