The Inflation Reduction Act Has Transformed Transportation Decarbonization, With Major Implications for EPA Vehicle Standards
Written by Black Hot Fire Network on November 7, 2023
Introduction and summary
On August 16, 2022, President Joe Biden signed the historic Inflation Reduction Act into law, enacting what may prove to be the most consequential economic and climate legislation in modern American history. The Inflation Reduction Act provides sweeping incentives for developing and producing clean energy technologies and has catalyzed a resurgence in American manufacturing capacity.1 The combined investments of the Inflation Reduction Act and the 2021 Infrastructure Investment and Jobs Act (IIJA)