Washington, D.C. – TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, today issued the following statement, attributable to TechNet President and CEO Linda Moore, following the passage of the Inflation Reduction Act in the U.S. Senate:

“Addressing climate change is one of the most critical global issues of our time. The Inflation Reduction Act’s historic investment in climate change is the immediate action needed to drive a cleaner, brighter, more efficient future for our planet.

“The bill will significantly decrease carbon emissions by the end of this decade by making it easier and more attractive to manufacture and purchase electric vehicles, invest in clean energy innovations, and increase the research and development of low and zero-carbon technologies.

“TechNet will continue to work with Congress and the Administration to advance innovative solutions that help solve our current climate crisis and make our communities more sustainable for generations to come.”