The Inflation Reduction Act (IRA) places an overwhelming emphasis on climate action and clean energy, promising to lower energy costs, advance environmental justice, and build a cleaner future. The act builds on the bipartisan infrastructure law known as IIJA, and many of its programs align with Justice40. As the largest investment in climate change yet, the IRA is expected to reduce current GHG emissions by 38% to 40% from 2005 levels.
The IRA aims to impact transportation in the following ways:
- Enhance mobility infrastructure
- Facilitate access to clean transportation
- Promote clean transit
While this brief examines the IRA’s impact on all areas of transportation, we focus on the Act’s Neighborhood Access and Equity Grant Program. Then, Mobilify provides an analysis of this program, including a discussion of certain restrictions that may prove to be cumbersome towards the goal. This brief also provides a short analysis of the clean heavy-duty vehicle initiative in the IRA.
