The U.S. Senate has passed the largest investment to fight climate change in American history. The $369 billion package of climate and clean energy provisions will be the single biggest action Congress has ever taken to address the climate crisis and is projected to slash carbon emissions by 40% by 2030.
This is a critical step toward building a cleaner, healthier future for all of us. The bill paves the way for Wisconsin communities to be part of the climate solution, directing funding into conservation, agriculture, energy efficiency, and clean energy manufacturing programs that support good jobs, strong communities, and responsible land stewardship. This historic investment represents the urgent, aggressive action we need to take on the climate crisis and make a difference in people’s lives here in Wisconsin.
The Inflation Reduction Act of 2022 includes:
- More than $20 billion to support climate-smart agriculture practices
- $9 billion in consumer home energy rebate programs focused on low-income families to electrify home appliances and for energy efficient retrofits.
- $10 billion in tax credits to build clean technology manufacturing facilities, like facilities that make electric vehicles, wind turbines and solar panels.
- $30 billion in grant and loan programs for states and electric utilities to advance the clean energy transition.
- More than $60 billion to address the unequal effects of pollution on low-income communities and communities of color.
Thank you to Sen. Tammy Baldwin for supporting the Inflation Reduction Act, which will support our families, farms, utilities and businesses as we work together to build a cleaner, healthier, more prosperous Wisconsin.