Job Creation Estimates for Colorado Through Inflation Reduction Act

The Inflation Reduction Act (IRA), which passed in Congress and was signed into law by President Biden in August 2022, aims to reduce U.S. CO2 emissions by 40 percent as of 2030 through over 100 separate climate, energy, and environmental justice programs. PERI researchers Robert Pollin, Shouvik Chakraborty, Chirag Lala, and Gregor Semieniuk estimate the employment impact of the IRA in Colorado, Pennsylvania, Michigan, and Nevada.  They find that the IRA will generate an average of about 10,000 jobs in Colorado.

>> See other state reports, including for Pennsylvania, Michigan, and Nevada
>> Read national report “Job Creation Estimates Through Proposed Inflation Reduction Act”

Relevant research:

>> Green Economy Transition Programs for U.S. States 
>> “Industrial Policy, Employment and Just Transition” from America’s Zero Carbon Action Plan
>> “Job Creation Estimates Through Proposed Economic Stimulus Measures”