“President Biden’s Inflation Reduction Act is the game-changer America needed for climate action,” said EPA Administrator Michael S. Regan. “The EPA team has been hard at work designing innovative programs to cut emissions in every sector of our economy, while empowering communities across the country with the resources to take decisive action. We are centering environmental justice in everything we do, ensuring communities on the frontlines of the climate crisis are benefiting from the public health, resilience, and economic opportunities unleashed by this transformative legislation. This is Bidenomics in action – achieving our ambitious climate and clean energy goals while investing directly in the wellbeing and prosperity of hard-working Americans.”

EPA said its “Inflation Reduction Act programs are helping meet President Biden’s goals of reducing greenhouse gas emissions 50-52% below 2005 levels in 2030 and achieving net zero emissions by no later than 2050. Along with cutting emissions, these programs are advancing President Biden’s Justice40 Initiative to direct at least 40% of the overall benefits of these investments in climate and clean energy to disadvantaged communities to combat decades of underinvestment and address disproportionate environmental burden.”