The Environmental Journal of Southern Appalachia
Wednesday, 30 August 2023 18:20

Inflation Reduction Act charges positive clean-energy results in Southeast Featured

1280px-Electric_Car_recharging.jpgElectric car recharging.  Courtesy Wikipedia Commons

KNOXVILLE — This month marks the one-year anniversary of the Inflation Reduction Act, the most significant clean energy and climate action legislation in U.S. history, and our region is already seeing massive economic benefits. Consider this: just one year into the Inflation Reduction Act (IRA), four Southeastern states rank in the top 10 nationally for new clean energy investments:

  • Georgia: $18.83 billion with 22 new major clean energy projects, the 2nd most in the nation
  • South Carolina: $11.71 billion with 20 new major clean energy projects, 
    the 3rd most in the nation
  • Tennessee: $5.76 billion with 13 new major clean energy projects, the 6th most in the nation
  • North Carolina: $9.61 billion with 9 new major clean energy projects, the 10th most in the nation
  • Florida: $503 million with 5 new major clean energy projects

The Southeast will also be a leading hub for electric vehicle (EV) manufacturing with more than 60,000 announced jobs, according to SACE's fourth annual Transportation Electrification in the Southeast report, produced with Atlas Public Policy, which will be published next Wednesday, September 6. The report also shows that Georgia leads all states in the country for announced EV manufacturing jobs. Join us for the webinar on September 6 at 11:00 a.m. ET to hear more highlights of the report.

While the economic growth numbers from the first year of the IRA are encouraging, the real impacts will be measured by the people and communities that will benefit from the transition to clean energy.

— Southern Alliance for Clean Energy