Federal legislation that would invest about $375 billion to deal with climate change could mean “gigawatts and gigawatts” of new renewable energy and thousands of new jobs in Colorado and across the country, industry representatives say.
The bill that passed the Senate along partisan lines Sunday is on its way to the U.S. House, which is expected to vote on it Friday. The measure, called the Inflation Reduction Act of 2022, would extend solar-energy tax credits for a decade and provide incentives to expand domestic production of solar panels and other equipment.