USGBC Urges the House to Pass the Inflation Reduction Act

August 12th, 2022 by Editor

The U.S. Green Building Council (USGBC) is a proponent of the Inflation Reduction Act, which has been working its way through Congress for the last few weeks and is now before the House of Representatives for a vote.

Ahead of that vote, USGBC interim president and CEO Peter Templeton said, “The House of Representatives has a chance to make history by acting to protect the future. The Inflation Reduction Act would put in place the most critical and consequential climate policies we have ever seen, and it would do so while reducing energy costs for American families and businesses and shoring up our energy security with a more diversified and reliable energy sector.”

Templeton went on to say that the USGBC is urging members of the House of Representatives to swiftly pass the bill and send it to President Biden to sign into law.

“At USGBC, we are committed to transforming how our buildings are designed, constructed and operated. Green buildings and homes are essential to meeting our climate goals and reducing the financial burden on hardworking Americans. This bill includes billions of dollars in investments in tax incentives for home and building owners, public building upgrades, green building improvements to affordable housing, and low embodied carbon construction materials,” he continued.

In recent years, the USGBC has advocated for many of the provisions reflected in the bill and, according to Templeton, “achieving policy success is a long game that requires persistent advocacy to seize windows of opportunity when they open. This is our window to drive meaningful climate action that benefits American families, jobs and communities.”

Wrapping up his statement, Templeton said, “The act will have a profound impact on communities across the country and will be marked in our history as a turning point in our climate fight. We look forward to celebrating House passage and seeing the President sign the bill in the coming days and collaborating with our members and stakeholders to implement the new law.”

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