Mark Wolfe is an energy economist and serves as the executive director of the National Energy Assistance Directors Association (NEADA), representing the state directors of the Low Income Home Energy Assistance Program and the Energy Programs Consortium. He specializes in energy, climate, housing and related consumer finance issues. The opinions expressed in this commentary are his own.
The Inflation Reduction Act , the Democrats’ tax, climate and health care bill that the Senate just passed, sets the nation on a path to meet its climate goals, and provides a set of practical initiatives that will help lower-income Americans who have fewer resources than other households to invest in reducing their energy use and adapt to rising temperatures. It will provide tax credits and rebates designed to help them afford electric vehicles and home retrofits and reduce their use of fossil fuels.