“A little less than three years ago, we applauded the enactment of the Inflation Reduction Act because of all the benefits it promised to deliver,” said EESI President Daniel Bresette. “Unfortunately, the opposite applies to the reconciliation bill just passed by the Senate and House of Representatives so we have to condemn it. This legislation will increase household energy bills, put people out of work, and stall investments in clean energy technologies. Greenhouse gas emissions will increase as a result of this bill becoming law, essentially closing off the few remaining pathways to limit global warming to 1.5°C (2.7°F) to avoid the worst outcomes of climate change.”