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Update (November 2023): The Michigan House of Representatives voted to pass the Clean Energy Future Plan, moving the state one step closer to a 100 percent clean energy standard. The chamber also passed legislation that will modernize the process for siting new wind and solar projects. Together, they will help build a more prosperous clean energy economy, increase energy grid reliability, and lower ratepayers’ energy bills. These bills will now move to the Senate for concurrence and final passage. |
Michiganders are reaping the benefits of a clean energy transition: Since the passage of the Inflation Reduction Act (IRA) in August 2022, more than $20 billion in federal investments has flowed from the federal government into the local economy and nearly 16,000 new jobs have been created that will help reinvest in the state’s talented workforce.
Federal incentives and tax credits to build out new clean technology and supply chains have created the opportunities and tools for Michigan families to find better-paying union jobs and build healthier, better lives—and this is only the tip of the iceberg.
There are more opportunities and money on the table to take advantage of—$7.8 billion more by 2050, to be exact. To fully unleash these benefits, Michigan first needs to pass a package of climate and clean energy policies this fall. If it can successfully do so, the state would more than double the amount of investment it could secure from the IRA. These benefits are ongoing, with most of this additional investment within the next ten years.