Inflation Reduction Act

Media Highlight — Aug 19, 2022

Foreign Affairs: "America Rejoins the Climate Fight"

In his op-ed, RFF President and CEO Richard Newell writes about how the new Inflation Reduction Act will reposition the United States as a global leader in the fight against climate change.

Common Resources — Aug 11, 2022

Inflation Reduction Act: Electric Vehicle Subsidies for Passenger Vehicles

The Inflation Reduction Act works to expand the tax credit for electric passenger vehicle purchases. However, some of its key clauses are likely to make it harder to take advantage of the credit for at least a few years.

Report — Oct 7, 2022

Beyond Clean Energy: The Financial Incidence and Health Effects of the IRA

This RFF report examines the emissions, health, and financial impacts of the 2022 Inflation Reduction Act (IRA), finding that the law will unlock a new reality for the electricity grid and households in America.

Report — Nov 1, 2022

What Is An “Energy Community”? Alternative Approaches for Geographically Targeted Energy Policy

We offer an alternative to the definition of an "energy community" outlined in the Inflation Reduction Act, one which would more narrowly target fossil fuel–dependent communities.

Issue Brief — Aug 3, 2022

Retail Electricity Rates under the Inflation Reduction Act of 2022

In this issue brief, RFF researchers model the impact of the proposed Inflation Reduction Act of 2022 on consumer electricity prices, finding that it reduces the average American's electricity bill by $170-$220 a year.

Report — Nov 9, 2022

Incentives for Clean Hydrogen Production in the Inflation Reduction Act

This report analyzes the impacts of two tax credits on the costs of hydrogen production using a set of hydrogen production models from the National Renewable Energy Laboratory.

Testimony and Public Comments — Feb 26, 2024

Comments on the Proposed Guidance for the 45V Tax Credit

This public comment addressed to the Internal Revenue Service focuses on the role of state energy and climate policies and the risks associated with using the annual emissions rate in the 45V clean hydrogen tax credit.

Report — Dec 12, 2023

Beyond Subsidy Levels: The Effects of Tax Credit Choice for Solar and Wind Power in the Inflation Reduction Act

This report considers solar and wind projects' option to choose between the investment tax credit (ITC) and production tax credit (PTC) under the Inflation Reduction Act.

RFF Live — Jan 24, 2024

Big Decisions 2024

RFF's annual event exploring big decisions in climate, energy, and the environment in the year ahead.

RFF Live — Jul 31, 2023

The 45V Hydrogen Tax Credit: Considerations for US Treasury Guidance

The 45V Hydrogen Tax Credit: Considerations for US Treasury Guidance

RFF Live — Feb 15, 2023

Exploring the New Baseline for Electricity in the Presence of the Inflation Reduction Act

An RFF Live event exploring how the electricity sector is expected to transform in the coming decades as a result of the Inflation Reduction Act and the Infrastructure Investment and Jobs Act.

RFF Live — Dec 9, 2022

From Text to Tech: How the US Government is Expanding the Energy and Climate Toolbox

From Text to Tech: How the US Government is Expanding the Energy and Climate Toolbox

In Focus — Mar 22, 2024

In Focus: Supporting Energy Communities

This video shares insights about the bonus tax credit for energy communities in the Inflation Reduction Act, with RFF Fellow Daniel Raimi.

Common Resources — Feb 8, 2024

How a Tax Incentive for Clean Energy in the Inflation Reduction Act Could Affect Low-Income Communities

A tax provision in the Inflation Reduction Act incentivizes clean energy projects in low-income communities. A similar, existing provision for affordable housing infrastructure may offer lessons for effective implementation of the new program.

In Focus — Jan 26, 2024

In Focus: Stories to Watch in 2024

This video shares insights about stories to watch in 2024 in the environmental and energy policy space, with RFF scholars Jim Boyd, Maya Domeshek, Kristin Hayes, and Katarina Nehrkorn.

Resources Magazine — Jan 11, 2024

How Much Will the Inflation Reduction Act Reduce Emissions?

Maya Domeshek and Nicholas Roy discuss projected reductions in carbon emissions that the Inflation Reduction Act could achieve for the energy sector.

Media Highlight — Jan 20, 2023

Forbes: "Congress Pushes US Energy Transition through Tax Credits—But Will It Work?"

A story about tax credits outlined in the Inflation Reduction Act cites a popular RFF study about the effect of the law on retail electricity prices.

Media Highlight — Nov 29, 2022

National Geographic: "Six Environmental Wins That Gave Us Hope in 2022"

In a year-in-review story, RFF President and CEO Richard Newell is quoted in a segment about the significance of the Inflation Reduction Act.

Media Highlight — Nov 15, 2022

Public News Service: "How Texas Could Benefit from the Inflation Reduction Act"

A story about RFF Fellow Daniel Raimi and Research Analyst Sophie Pesek's work on energy communities is shared across several Texas radio stations.

Press Release — Oct 31, 2022

Defining the Inflation Reduction Act’s “Energy Communities”—and Finding Room for Improvement

This study offers several interpretations of the Inflation Reduction Act's provision to encourage clean energy projects in "energy communities"—and details a new approach to better target places that may need new economic development the most.