The U.S. Senate’s passage this past Sunday of the Inflation Reduction Act (IRA) is the single most important act by the U.S. Government ever to combat climate change. While the total package is $740 billion, approximately $375 billion will go to efforts to fight climate change, and experts believe it will reduce our greenhouse gas emissions to 40% below 2005 emission levels by 2030.
We at Solar One applaud our Senator, Majority Leader Chuck Schumer, the Congress, and President Biden for this historic legislation; this truly represents a down payment on a livable planet that we will leave to our children and grandchildren. We also applaud the activists, advocates and policy staff who worked tirelessly, both in the streets and behind the scenes, to bring us this victory, and our City and State leaders who helped create the blueprint for the best ideas that were included in the IRA.
There is so much work still to be done and not much time. We will continue to do our part to deploy renewable energy to every corner of every community in New York City through our Here Comes Solar program. We will help train the green workforce necessary to rise to this existential challenge through our stellar and ever growing Green Workforce program. And we will educate the next generation to become the climate leaders and environmental stewards through our award-winning Green Design Lab K-12 program. Our Solar One program participants gain the skills, knowledge, and vision to take action against the impacts of climate change. It’s these passionate allies we will rely on to save the Earth.
We could not be prouder to help fight the good fight and we are grateful for this historic investment. Today the future is looking brighter.