(AGENPARL) - Roma, 12 Settembre 2023(AGENPARL) – mar 12 settembre 2023 Issued: Sep 12, 2023 (9:38am EDT)
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New EPA Report Shows Major Emissions Reductions in Electricity Sector from
President Biden’s Inflation Reduction Act
WASHINGTON (Sept. 12, 2023) – Today, the U.S. Environmental Protection
Agency (EPA) released a new report that finds that President Biden’s
Inflation Reduction Act – the largest climate investment ever – spurs
major carbon dioxide (CO2) emission reductions from the U.S. electricity
sector and across the economy. The report, “Electricity Sector Emissions
Impacts of the Inflation Reduction Act: Assessment of projected CO2 emissions
reductions from changes in electricity generation and use,” relies upon
results from state-of-the-art models to assess how the Inflation Reduction
Act’s investments in clean electricity and other climate solutions across
sectors will reduce emissions. Since taking office, the Biden-Harris
Administration has delivered on the most ambitious climate agenda in history,
which is lowering energy costs for families, creating jobs across the country,
and protecting lands and waters for future generations. 
EPA’s analysis finds that the Inflation Reduction Act:
• Lowers economy-wide CO2 emissions, which include electricity generation
and use, by 35 to 43% below 2005 levels in 2030. 
• Spurs CO2 emissions reductions from the electric power sector of 49 to 83%
below 2005 levels in 2030.
• Reduces CO2 emissions in all end-use sectors, most significantly in
residential and commercial buildings followed by industry and
transportation. 
“The Inflation Reduction Act is transforming energy production and
consumption in dramatic ways, paving the way towards a clean energy future,”
said EPA Administrator Michael S. Regan. “This report shows robust evidence
that America’s clean energy transformation is driving significant reductions
in CO2 emissions, putting us on a clear path to achieve President Biden’s
bold climate goals.”
“EPA’s report confirms that the Inflation Reduction Act has supercharged
climate action in the United States,” said John Podesta, Senior Advisor to
the President for Clean Energy Innovation and Implementation. “This
transformational law is enabling America to reach our climate goals by
building a clean energy economy across every sector—power, transportation,
buildings, and industry.”
On August 16, 2022, President Biden signed the Inflation Reduction Act into
law, marking the most significant policy action on clean energy and climate
change in history. This report was written to satisfy the requirement in
section 60107(5) of the Inflation Reduction Act that directs EPA to assess the
reductions in greenhouse gas emissions that result from changes in domestic
electricity generation and use through 2031.
The report finds that the Inflation Reduction Act has greatly accelerated
efforts to lower economy-wide CO2 emissions. The results from EPA’s analysis
of an array of multi-sector and electric sector modeling efforts show that a
wide range of emissions reductions are possible. This finding reflects
diversity in how the models represent the Inflation Reduction Act, the
assumptions the models use, and fundamental differences in model structures.
The analysis also explores sensitivity cases that vary assumptions about IRA
implementation, technology costs, and deployment constraints – finding
electric sector emissions reductions of up to 91% below 2005 levels in 2030
under advanced technology assumptions. 
This report does not reflect rules and regulations that are currently in the
process of being developed or finalized. Nor does it analyze non-CO2 emissions
or land-sink carbon removals.
This report is consistent with, and incorporates results from, recent reports
issued by the Department of Energy and National Renewable Energy Laboratory,
as well as results from a peer-reviewed analysis conducted by external,
independent, energy and emissions modeling experts. The reports all show
accelerated and significant reductions in U.S. carbon dioxide emissions with
the implementation of the Inflation Reduction Act. 
Read the report.
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