Billions of dollars in U.S. manufacturing investment are fueling the clean energy industry. But what does it mean for local economies? Recently, Dr. Sweta Chakraborty and Dr. Frances Colón participated in a nationwide satellite media tour to discuss how climate solutions can potentially create jobs, lower costs, and provide new opportunities for families to save money.
A video accompanying this announcement is available at: https://youtu.be/HVqszCktUN4
The Inflation Reduction Act, signed into law last month, is the most significant climate bill in history. It will put our nation on the path to cutting pollution by 40% by 2030, create millions of good-paying clean energy jobs, invest in environmental justice, and reduce energy bills for working families across the country. With climate disasters directly impacting one in three American residents, the Inflation Reduction Act is a great first step to making sure communities on the frontlines of the climate crisis get the resources they need—and working families are able to save money.
Since the passage of the IRA, billions of dollars in domestic manufacturing investments are fueling the clean energy industry. The Inflation Reduction Act incentivizes domestic manufacturing and as a result, First Solar, the United States’ largest solar manufacturer, announced its plan to invest $1.2 billion to expand its manufacturing capabilities. SPI Energy announced its plan to begin manufacturing solar wafers, a component of solar cells, in the US. Toyota recently announced that it plans to invest over $5 billion in creating electric batteries in US and Japan plants. And many more companies in the clean energy industry continue to expand and create jobs in the U.S.
For more information about how these climate investments impact you, visit climatepower.us
About Dr. Sweta Chakraborty:
Dr. Chakraborty is a globally recognized risk and behavioral scientist and expert on global risks ranging from climate change to COVID-19. She is a trusted authority on proactive preparedness to mitigate against the impacts of climate change, motivated by the need for clear, credible, evidence-based communication. Sweta is the President of US Operations for We Don't Have Time. Sweta is a TEDx and SXSW featured speaker, most recently alongside Nikolaj Coster-Waldau for the UNDP’s #dontchooseextinction campaign, and is regularly interviewed on major, international news media outlets including CNN, the NYT, the BBC, Forbes, Fox News Channel, Sky News, CBS, NowThis, MSNBC to name a few. She has appeared on networks like Nickelodeon and Discovery+, where she was featured alongside Kamala Harris for an Earth Day 2021 special. Sweta has written extensively in peer-reviewed journals, is a book author from her time as a postdoc at Oxford University, and is currently working on her second book on adaptation to global risks. She has built her career around how to connect science, media and policy to change attitudes, empower audiences, and inspire action alongside celebrities like Questlove and Joaquin Phoenix.
About Dr. Frances Colón:
Frances Colón is the senior director for International Climate Policy at American Progress, where she leads a program to drive international ambition and action to meet global climate mitigation and adaptation goals. Colón is the former deputy science and technology adviser to the Secretary of State, where she promoted integration of science and technology into foreign policy dialogues, global advancement of women in science, and climate policy for former President Barack Obama’s Energy and Climate Partnership of the Americas. Colón earned her Ph.D. in neuroscience in 2004 from Brandeis University and her B.S. in biology in 1997 from the University of Puerto Rico. Colón was a 2019 Open Society Foundations Leadership in Government fellow, a city of Miami Climate Resilience Committee member, and a 2020 Yale-OpEd Project Public Voices on the Climate Crisis fellow. She is a member of the National Academies of Science, Engineering, and Medicine Roundtable on Science and Technology for Sustainability, and she co-chairs the academies’ Global Science Diplomacy Roundtable.
About Climate Power:
Climate Power is an independent strategic communications and paid media operation focused on building the political will and public support for bold climate action. Founded by the Center for American Progress Action Fund, League of Conservation Voters, and Sierra Club, Climate Power integrates hard-hitting research, polling, state and national earned media, digital and paid media to influence the national conversation, embolden leaders to take immediate, bold climate action, and expose climate deniers and their oil and gas lobby allies