In Tuesday’s State of the Union address, President Joe Biden touted the Inflation Reduction Act (IRA) as “the most significant investment ever in climate change. Ever. Lowering utility bills, creating American jobs, leading the world to a clean energy future.”

But he didn’t mention any new investment in education to help people fill all those jobs.

The nearly $400 billion in new spending in the IRA, the climate and health bill signed into law by President Biden in August, will create 537,000 jobs annually for the next decade, according to an analysis by BW Research commissioned by the Nature Conservancy. And that doesn’t include jobs created by private investment, likely to be stimulated by the tax incentives in the bill. When those are added in, the University of Massachusetts Amherst found that the Inflation Reduction Act will produce more than 9 million new jobs over the next decade.

Anya Kamenetz

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