An Inflation Reduction Act program is directly funding state and local climate action and could provide an end-run around legislative inertia and hostility on climate, advocates hope.
First developed in 2013 by the climate investment firm HASI, CarbonCount is a decision tool that evaluates investments in U.S.-based carbon-free energy, energy efficiency, and climate resilience projects to determine how efficiently they reduce CO2 equivalent emissions per $1,
The owners spent two years tightening building envelopes, replacing heating and cooling systems, and installing rooftop solar panels. Now, they hope to replicate the success elsewhere.
These five areas of grid and clean energy investments are receiving $1.2 Trillion in funding for everything from battery R&D to transmission lines to residential energy costs.