Reports
August 21, 2024
IRA: A Powerhouse for Clean Energy Jobs and Equity
About the Report
The Inflation Reduction Act has the potential to generate millions of high-quality jobs in the clean energy sector. The report delves into IRA's labor standards and their impact on job creation and worker benefits.
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Two years after its passage, the Inflation Reduction Act (IRA) continues to have a significant impact on the clean energy sector. A new report from the Climate Jobs National Resource Center highlights the IRA's potential to create millions of high-quality jobs and advance equity.
The report analyzed 6,285 clean energy projects across the United States and found that they could be eligible for IRA incentives tied to labor standards. These standards include paying prevailing wages and hiring registered apprentices.
By meeting these standards, developers can maximize their tax credits and create jobs that pay well and offer good benefits. These projects could create over 3.9 million jobs and generate over $2 trillion in investment.
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