Energy Transition

Here's how the Inflation Reduction Act is impacting green job creation

US President Joe Biden’s 2022 Inflation Reduction Act (IRA) promised $370 billion in tax credits to the renewable energy industry.

US President Joe Biden’s 2022 Inflation Reduction Act (IRA) promised $370 billion in tax credits to the renewable energy industry. Image: Unsplash/matthewhenry

Stefan Ellerbeck
Senior Writer, Forum Agenda
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What's the World Economic Forum doing about the transition to clean energy?

America is seeing a green jobs boom since the passage of the Inflation Reduction Act.
America is seeing a green jobs boom since the passage of the Inflation Reduction Act. Image: Climate Power

Charts showing the evolution of global renewable energy employment by technology, 2012-2021. Inflation Reduction Act
More than five million green jobs in renewable energy have been created in the past decade. Image: IRENA

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Related topics:
Energy TransitionSDG 07: Affordable and Clean EnergySustainable DevelopmentFuture of the EnvironmentClimate Change
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