ACORE Statement on the Inflation Reduction Act of 2022

Statement From Gregory Wetstone, President and CEO of the American Council on Renewable Energy (ACORE):

“It is a huge relief to see Congress is finally rising to meet the climate challenge. The provisions in the Inflation Reduction Act of 2022 will spur critical investments in renewable power, energy storage, and advanced grid technologies that will allow us to meet our climate goals, reduce electricity costs for American families, and create hundreds of thousands of new, good-paying jobs. Legislation that finally moves the country beyond years of on-again, off-again renewable tax credits and establishes a long-term, full-value clean energy tax platform will help provide renewable companies with the stability they need to do business. We look forward to working with Congress to deliver the clean energy future the American people want, and scientists say we desperately need.”

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About ACORE:
For more than 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s premier pan-renewable nonprofit organization. ACORE unites finance, policy and technology to accelerate the transition to a renewable energy economy. For more information, please visit www.acore.org.

Media Contact:

Alex Hobson
Vice President of Communications
American Council on Renewable Energy
hobson@acore.org | 202.777.7584 (o) | 202.594.0706 (c)