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100,000 green jobs have been announced thanks to Inflation Reduction Act, study finds

February 06, 2023

Bloomberg ($):

Between last August, when President Joe Biden’s  landmark climate bill became law, and the end of January, companies have announced more than 100,000 clean energy jobs in the US, according to an analysis released Monday by the nonprofit advocacy group Climate Power.

The group monitored press clippings and company announcements to estimate private-sector jobs across a range of sectors that aim to reduce greenhouse gas emissions — including electric vehicle and battery manufacturing, wind and solar energy and home energy efficiency. The group says its figure is likely a low-ball estimate because it relied on public reports. 

Climate Power identified more than 90 new clean energy projects in 31 states that have been announced since Biden signed the Inflation Reduction Act, representing a total of nearly $90 billion in new investment.

Most of those projects are in seven states: Arizona, Georgia, Michigan, Ohio, South Carolina, Tennessee and Texas. Georgia has attracted the most investment so far, the group found, with roughly $15 billion worth of projects in the pipeline that are expected to produce close to 17,000 jobs. Clean energy projects in the state include a $2.5 billion solar panel factory and new battery plants outside of Atlanta to supply Hyundai and Kia electric vehicles.

[Carly Wanna]

More: 100,000 Green Jobs Announced Since US Adopted Climate Law, Study Finds

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