Clean Electricity Transition
Transitioning to 100 percent clean electricity is critical to tackling the climate crisis as it presents huge economic opportunities and is extremely popular. Clean energy use has grown rapidly as technology prices have plummeted and is now more affordable than fossil fuels. In fact, 75 percent of new utility-scale generation added in 2022 was from renewables. In the Inflation Reduction Act, long-term clean energy tax incentives were expanded. This was critical as it included necessary requirements to ensure the creation of high quality, union jobs, and a robust domestic clean energy manufacturing sector. These investments are key to send long-term national market signals, maximize the economic benefits of this clean energy shift, and address economic inequality
The Biden Administration, with help from Congressional allies, have embraced this shift and committed to deploying 30 gigawatts of offshore wind by 2030 and delivering 100 percent clean, carbon-free electricity by 2035.
Clean Energy Transition
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