New study in today's @nytimes: IRA changes the game for wind & solar

Clean energy companies now face an airtight business case to use US-made parts & pay workers fair wages.

4 big takeaways in 🧵

Study by @JesseJenkins & @ErinNMayfield, h/t @BGAlliance

bluegreenalliance.org/resources/the-… 1. For the first time ever, U.S.-made wind & solar components will be cheaper than imports - a boon for clean energy manufacturing.

E.g., solar modules with 100% U.S.-made parts will be >30% cheaper than imports.

This holds for every segment of the wind & solar supply chains.

Want a map of all US factories making the nuts & bolts of clean energy?

Behold: every facility making solar, wind, battery, grid, & efficient building components.

Communities nationwide stand to gain from IRA $ to manufacture our clean energy future. 🧵

bluegreenalliance.org/supplychain That includes $10B for the 48C clean manufacturing tax credit. Today @USTreasury & @ENERGY roll out guidance for this critical pot of money.

The $10B offers a big opportunity to reinvest in communities hollowed out by deindustrialization, energy transition, & chronic divestment.

In its first few months, the IRA has spurred a wave of manufacturing announcements that'll create 100k jobs in 31 states to make the nuts & bolts of clean energy.

But some say such public funds try to do too much by pursuing climate, jobs, & justice goals at the same time. 🧵 For example, @ezraklein says such multi-pronged goals suffer from “everything bagel liberalism.”

But here's the thing about everything bagels:

They taste good for a reason.

nytimes.com/2023/04/02/opi…