5 takeaways from POLITICO's New Energy Economy event

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Experts, advocates, a lawmaker and government officials talked about the new energy economy and what the IRA looks like one year after President Joe Biden signed it.

When President Joe Biden signed the aggressive climate bill into law on Aug. 16, 2022, it unleashed $370 billion in clean energy spending and incentives. Already, it has created thousands of jobs in new factories and manufacturing facilities that are being built across the country, including in conservative districts.

“People need to know how we’re trying to help them, what’s available for them,” Dingell said at POLITICO’s New Energy Economy event Wednesday. “We’re creating new jobs of the future.”More people will be driven toward clean energy solutions as they become familiar with new technologies and look for ways to save money, said Stephen Pantano, head of market transformation at Rewiring America, which is focused on electrification.

“The thing keeping me up at night is not Congress right now, what’s keeping me up at night is the private sector not moving fast enough,” she said.

 

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