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The U.S. is on the cusp of a major transition to clean energy, and 2024 is shaping up to be a critical year for the successful deployment of the technologies that will drive that transition. According to the White House, over $300 billion in federal funding from the 2022 Inflation Reduction Act and 2021 Bipartisan Infrastructure Law has already been delivered to states and localities in the form of grants and tax incentives. The onus is now on states, local officials, developers, utilities, and community stakeholders to continue to take advantage of these new and existing resources. This will require the creation of policy incentives, community engagement, industry investment, and utility commitments to clean energy.
States and industry alike should support three promising and necessary decarbonization pathways— offshore wind, an electric vehicle charging network, and electric grid infrastructure updates—to boost economic development throughout the U.S. and provide benefits to communities, consumers, and the climate.
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