EPA Report: Inflation Reduction Act to Significantly Cut Carbon Emissions by 2030
-
The EPA report says the Inflation Reduction Act will cut economy-wide carbon emissions between 35-43% below 2005 levels by 2030.
-
The electric power sector specifically will see 49-83% emissions reductions from 2005 levels.
-
Emissions from electricity use in buildings could fall 49-63% by 2030.
-
Transportation emissions are projected to drop 11-25% by 2030.
-
EPA Administrator Regan says the law transforms energy production and consumption toward a clean energy future.