Clean electricity tax credits will account for the largest share of this funding, while 42 billion U.S. dollars will be spent for the reduction of greenhouse gas emissions, of climate pollution, and for the decarbonization of the transportation sector.
Between 2022 and 2031, the United States plans to spend over 390 billion U.S. dollars on clean energy and climate protection projects, as established by the Inflation Reduction Act (IRA) in 2022. Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Climate change in the U.S.
Overview
6
- Basic Statistic Global land and ocean temperature anomalies 1880-2023
- Premium Statistic Greenhouse gas emissions worldwide 2022, by country
- Premium Statistic Climate change performance index of G20 2024, by country
- Premium Statistic Carbon budget overshoot compensation owed by largest carbon emitters 2050
- Premium Statistic Public opinion on climate change worldwide 2022, by country
- Premium Statistic Climate Extremes Index in the United States 2022, by region
Emissions
6
- Premium Statistic Total gross greenhouse gas emissions in the U.S. 1990-2022
- Premium Statistic Greenhouse gas emissions in the U.S. 1990-2022, by inventory sector
- Premium Statistic Breakdown of greenhouse gas emissions in the U.S. 2022, by gas
- Basic Statistic Carbon dioxide emissions in the United States 1975-2023
- Premium Statistic Methane emissions in the United States 1990-2022
- Premium Statistic Nitrogen oxides emissions in the U.S. 1970-2023
Impacts of climate change
8
- Premium Statistic Average annual temperature in the United States 1895-2023
- Premium Statistic Annual temperature anomalies (°F) in the U.S. 1895-2022
- Premium Statistic Number of natural disasters in U.S. 2022, by type
- Basic Statistic Fatalities due to natural disasters in the U.S. 2022
- Premium Statistic Economic losses due to natural disasters in the U.S. 2009-2022
- Premium Statistic Cost of major climate disasters in the United States 1980-2023, by time period
- Premium Statistic Average annual percent area affected by drought in the U.S. 2015-2023, by category
- Premium Statistic Sea level rise rate in the U.S. 2022, by selected cities
Mitigation strategies
5
- Premium Statistic Renewable energy production in the U.S. 2005-2023, by source
- Premium Statistic U.S. clean energy investments 2004-2022
- Premium Statistic Plug-in electric light vehicle sales in the U.S. 2016-2022
- Premium Statistic Value of green bonds issued in the U.S. 2014-2022
- Premium Statistic Federal funding for RD&D for carbon removal technologies in the U.S. 2009-2022
Outlook
6
- Premium Statistic Projected mean sea level rise in the U.S. 2020-2150, by scenario
- Premium Statistic U.S. cities - temperature change in summer and winter 2000-2050
- Premium Statistic GHG emission projections in the U.S. 2021-2050, by sector
- Basic Statistic Carbon dioxide emissions per person in the U.S. 2022-2050
- Premium Statistic Renewable electricity capacity and generation in the U.S. 2022-2050
- Premium Statistic IRA's clean energy and climate spending in the United States 2022-2031, by sector
Further Content: You might find this interesting as well
Visual Capitalist (Decarbonization Channel). (February 21, 2023). Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars) [Graph]. In Statista. Retrieved April 28, 2024, from https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/
Visual Capitalist (Decarbonization Channel). "Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars)." Chart. February 21, 2023. Statista. Accessed April 28, 2024. https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/
Visual Capitalist (Decarbonization Channel). (2023). Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars). Statista. Statista Inc.. Accessed: April 28, 2024. https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/
Visual Capitalist (Decarbonization Channel). "Estimated Clean Energy and Climate Funding in The Inflation Reduction Act in The United States from 2022 to 2031, by Category (in Million U.S. Dollars)." Statista, Statista Inc., 21 Feb 2023, https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/
Visual Capitalist (Decarbonization Channel), Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars) Statista, https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/ (last visited April 28, 2024)
Estimated clean energy and climate funding in the Inflation Reduction Act in the United States from 2022 to 2031, by category (in million U.S. dollars) [Graph], Visual Capitalist (Decarbonization Channel), February 21, 2023. [Online]. Available: https://www.statista.com/statistics/1403545/united-states-clean-energy-funding-of-inflation-reduction-act-by-sector/