ACORE Statement on House Passage of the Inflation Reduction Act of 2022

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

“We have waited many years for this moment. With House passage of the Inflation Reduction Act of 2022, Congress has acted to address the climate crisis and accelerate the transition to renewable energy. For more than a century, our tax code has been weighted to promote fossil fuels, but now we’re just a presidential signature away from a level playing field that will unleash dramatic clean energy growth. We cannot say that this bill alone will achieve our climate goals, but for the first time, it puts us on the path. For our part at ACORE, this is the culmination of years of determined efforts alongside our members and many allies. We look forward to working with the Biden administration as they implement this historic achievement, and work to build on it with additional measures to reduce greenhouse gas emissions.”

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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)