Clean Energy Investments Flowing to Lower-Income Areas After Climate Bill
• 81% of clean energy investments since the IRA have gone to lower-wage counties; 86% to less-educated areas • 70% of investments are in counties with weaker labor markets overall • Energy communities tied to fossil fuels are seeing the fastest investment growth • Clean energy project announcements in these areas grew from $2B to $5B per month after the IRA • It's unclear if economic changes will broadly boost Democrats in 2023 elections