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A new analysis reveals that federal programs and clean energy tax credits from the Inflation Reduction Act (IRA) are projected to drive significant additional economic growth and job creation to all 50 states.
ABOUT THE ANALYSIS
FEDERAL PROGRAMS AND CLEAN ENERGY TAX CREDITS FROM THE IRA WILL DRIVE GROWTH & JOBS ACROSS THE U.S.
The analysis—conducted by ICF and commissioned by ACP—examined the IRA’s impact across various energy sectors, including power, transportation, buildings, sustainable aviation fuels, hydrogen and manufacturing.
From 2025 to 2035, these investments are expected to boost jobs, household income, and state economies and their GDP. These findings underscore the law’s critical role in boosting American energy independence, economic growth, job creation, and clean energy innovation.
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