Lily Bermel

Nov 21, 2024 | rhg.com | Lily Bermel |Ryan Cummings |Brian Deese

Clean energy and transportation investment in the United States continued its record-setting growth in Q3 of 2024, reaching a new high of $71 billion. This continues a nearly unbroken quarter-on-quarter growth trend over the past three years, and marks a 12% increase in Q3 of 2024 from the same period in 2023. Clean investment accounted for 5% of total US private investment in structures, equipment, and durable consumer goods in the United States, compared to 4.5% in Q3 2023.

Feb 13, 2024 | brookings.edu | Joseph Parilla |Glencora Haskins |Lily Bermel |Lisa Hansmann

Recent federal legislation—namely, the Infrastructure Investment and Jobs Act, CHIPS and Science Act, and Inflation Reduction Act—was enacted to incentivize investments in several sectors deemed important for America’s future economic growth and national security.

Dec 7, 2023 | rhg.com | Lily Bermel |Brian Deese |Michael Delgado |Leandra English

Investment in clean technologies is continuing at record levels in the United States, as demonstrated by new data from the third quarter of 2023. Actual clean energy and transportation investment in the US reached a record $64 billion in Q3 2023—an 8% increase from the previous quarter and a 42% increase relative to the same period last year.

Nov 17, 2023 | rhg.com | Brian Deese |Michael Delgado |Leandra English |Lily Bermel

The Inflation Reduction Act (IRA) contains multiple provisions that seek to incentivize clean energy investment in specific communities, such as low-income communities or communities that have traditionally produced fossil fuels (i.e., energy communities). These incentives take the form of additional tax credits and priority access to loans and grants.