Clean Investment in 2023: Assessing Progress in Electricity and Transport

Joint research and modeling projections from EI, Princeton’s REPEAT Project, and the Rhodium Group found IRA implementation could reduce U.S. net GHG emissions 37-42 percent by 2030 relative to 2005 levels. New analysis by Clean Investment Monitor compared previous projections with on-the-ground progress of clean energy deployment, finding that in 2023, EV sales hit the high end of our post-IRA projections at 9.2% of total sales. The study also found that utility-scale clean energy expansion is lagging behind our projections by approximately 14 GW capacity.

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