Repealing Inflation Reduction Act Harms America’s Economy and Costs Consumers

The Inflation Reduction Act of 2022 marked the single largest investment in climate and energy in American history, supporting homegrown clean energy, electrification, and manufacturing. It has generated $600 billion in private investment across 750 clean energy projects, creating more than 406,000 new jobs. The IRA is now under threat, with calls to repeal federal funding and tax credits, risking billions investments. Host Sara Baldwin speaks with Robbie Orvis of Energy Innovation to discuss the benefits of the IRA and how repealing the IRA would harm America's economy and cost consumers. 

Guest Bio: 

Robbie Orvis is the Senior Director of Modeling and Analysis at Energy Innovation where he works with policymakers around the world to analyze legislation and regulation and provide insights on how to achieve climate goals. He has helped develop and deploy Energy Policy Simulator models in more than a dozen countries and is the lead author of Designing Climate Solutions: A Policy Guide for Low-Carbon Energy. Robbie holds a Master of Environmental Management from Yale University and a B.S. from the University of California, Berkeley.

Electrifying News:

• More Wisconsin cities are powering municipal operations with renewable electricity (Wisconsin Public Radio)
• Rivian startup is focused on small, lightweight electric vehicles (LA Times)
• Hyundai to make ‘low-carbon’ steel at $6B plant in Louisiana (Canary Media)

Must-read Resources:

• Inflation Reduction Act bill text (U.S. 117th Congress)
• Energy Policy Simulator Model (Energy Innovation)
• Inflation Reduction Act Repeal Harms State Economies and Raises Consumer Costs (Energy Innovation, March 2025)
• House Republican support grows for keeping clean energy tax breaks (Politico, 3/10/2025)