Senate Passes Inflation Reduction Act with Historic Climate Investments

August 5, 2022

Washington, DC – Today the U.S. Senate voted to pass the Inflation Reduction Act, the most significant climate bill in history. The bill will put the nation on the path to cut climate pollution emissions up to 44% by 2030, create millions of good-paying clean energy jobs, invest in environmental justice, and reduce energy bills for working families across the country. 

With $369 billion in energy and climate investments, this is the single biggest U.S. investment aimed at tackling climate change. It includes:

  • Clean energy tax credits for wind and solar, electric vehicles, efficiency upgrades, and heat pumps
  • More than $60 billion for environmental justice priorities
  • Up to $60 billion for domestic clean energy manufacturing
  • $27 billion to speed the development of emissions reductions technologies, especially in disadvantaged communities

The Inflation Reduction Act also includes troubling provisions around fossil fuel expansion and other false solutions that will continue to place frontline communities at risk. Interfaith Power & Light is concerned about a deal for a proposal to include drastic permitting changes in must-pass legislation Congress will take up this fall. We will work to address those provisions in this bill, oppose any weakening of our environmental review process, and advocate for bold executive action from the Biden Administration so that the U.S. can meet our climate goals.

The faith community has been advocating for passage of climate and clean energy investments for the last two years and celebrates this huge victory.

In response, Interfaith Power & Light’s President Rev. Susan Hendershot released this statement:

“Budgets are moral documents, and where we choose to invest as a nation is an indication of what we value. Today, the Senate chose to take moral leadership and demonstrate that they value the health of our families and communities; jobs that can provide good wages; clean air, water, and soil; environmental justice for historically marginalized communities; and care for our common home, through the historic climate provisions in the Inflation Reduction Act. We applaud and celebrate the passage of this critical legislation in the Senate, and now call on the House of Representatives and President Biden to act swiftly to pass this bill because climate can’t wait.”

Rev. Robin Blakeman, West Virginia Interfaith Power & Light Steering Committee Member:

“Climate change is already taking an enormous toll on our communities. We have a moral obligation to protect people and the planet. I am glad that Senator Manchin finally supported the legislation to address the critical needs of our nation. Addressing the urgency of climate change is key to ensuring survival of our society and economy.”

Rev. Doug Bland, Executive Director of Arizona Interfaith Power & Light: 

“People of faith and conscience in Arizona have demanded congressional action on climate. We’re grateful to Senator Sinema and Senator Kelly for supporting this historic bill to transition rapidly to clean energy, and make our country healthier and more prosperous for all communities.We have a moral imperative to act — fires are raging and communities are flooding. We can’t afford not to act boldly for the future of our children and our precious planet home.”

Codi Norred, Executive Director of Georgia Interfaith Power & Light:

“The Inflation Reduction Act is an essential initial investment in our future and our common home. We have no time to waste. The climate care provisions in the Inflation Reduction Act are historic and are imperative in addressing the urgent moral issue of climate justice. We are thankful to Senators Warnock and Ossoff for supporting these bold investments that will match the scale of the crisis our communities need.”

David Heayn-Mendendez, Executive Director of Pennsylvania Interfaith Power & Light:

“We have a moral obligation to protect people and the planet and climate change is already taking an enormous toll on our communities. This is the most significant climate bill in history and will put our nation on the path to cut climate pollution emissions up to 44% by 2030 compared to 2005 levels while creating millions of good paying clean energy jobs, invest in environmental justice, and reduce energy bills for working families across the country.”