Creating Good-Paying Jobs

The Inflation Reduction Act took a government-enabled, private sector-led approach to building the clean energy economy. For the first time, companies could count on ten-plus years of tax credits on clean energy, enabling them to make bigger, bolder, long-term investments.

As of December 2024, private companies had announced more than $450 billion in new clean energy investments in almost every state in America since President Biden took office. 

This map from the U.S. Department of Energy shows new clean energy factories announced since President Biden took office, as of December 3rd, 2024. To download the data shown on this map, click here.

These new investments helped create more than 400,000 good-paying clean energy jobs during President Biden’s term. In 2023, clean energy jobs grew at twice the rate of the overall economy, and unionization rates in clean energy surpassed those in the traditional energy sector.

This map from the Department of Labor shows clean energy projects across the country that could potentially be eligible for the IRA’s enhanced tax incentives if taxpayers satisfy the IRA’s prevailing wage and registered apprenticeship provisions, as well as other applicable IRA requirements. Projects shown were under construction or in a pre-construction phase as of December 2024. To download the data on this map, click here.