NEW HAMPSHIRE
Climate Wins in New Hampshire
Granite Staters won big with the unprecedented climate and clean energy investments approved in the historic Inflation Reduction Act and the Infrastructure Investment and Jobs Act. About 8 in 10 Granite Staters support climate and clean energy investments like those included in these laws because our state is uniquely positioned to seize on the growth opportunities of a transition to a clean energy economy. These new investments will cut climate pollution, reduce coastal flooding risks and accelerate the growth of clean energy - protecting our air, our climate, our health and our communities while creating economic opportunity.
President Biden and climate leaders in Congress have delivered for Granite Staters in a big way by boosting the expansion of electric vehicles and charging stations, solar and other clean energy, public health protections, and coastal flooding mitigation, all while helping prevent the most catastrophic impacts of climate change and lowering costs for Granite Stater families.
Investing in Transportation and Clean Air
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The Inflation Reduction Act of 2022 invests in low- and zero-pollution transportation, including:
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$1 billion for clean heavy-duty trucks, school buses, and transit buses, including $400 million reserved just for communities that don’t meet national air quality standards.
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$3 billion to reduce air pollution at ports.
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Another $3 billion for environmental justice block grants to reduce air pollution and mitigate climate and health risks.
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An additional $3 billion for projects that reduce pollution and improve access to safe and affordable transportation.
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Additionally, over the next five years, the Infrastructure Investment and Jobs Act will:
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Invest $126 million to improve public transportation across the state to provide healthy, sustainable transportation options and replace thousands of dirty transit vehicles with clean, zero emission vehicles.
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Invest $17 million to support the expansion of an EV charging network, a critical element to accelerating the adoption of EVs to address the climate crisis and support domestic manufacturing
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Deliver a portion of a $5 billion nationwide fund for school districts to replace school buses that burn diesel with low- or zero-pollution school buses.
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Since the Infrastructure Investment and Jobs Act was signed into law in November 2021, nearly $1 billion dollars of investments in transportation, energy, clean air, and more have already been announced in New Hampshire, including:
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$24 million for public transportation programs to provide healthy, sustainable transportation options and replace thousands of dirty transit vehicles with clean, zero-pollution vehicles;
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$5 million for the Carbon Reduction Program to fund projects designed to reduce carbon dioxide pollution from on-road highway sources such as electrifying vehicles, constructing bus rapid corridors, and more; and
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$2 million funding to expand electric vehicle charging infrastructure.
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Creating Clean Energy Jobs
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The Inflation Reduction Act of 2022 will boost clean energy production and manufacturing, creating more jobs in an industry that employs nearly 16,000 Granite Staters already.
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In particular, the Inflation Reduction Act will:
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Bring an estimated $490 million of investment in large-scale clean power generation and storage to New Hampshire by 2030.
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Provide $30 billion in tax credits to accelerate domestic production of solar panel, wind turbines, batteries, and critical minerals processing.
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Provide a new $10 billion investment tax credit to build new manufacturing facilities for clean technologies such as electric vehicles, wind turbines, and solar panels.
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These investments will create up to 1.5 million good-paying jobs in 2030, and possibly over 9 million jobs over the next decade, according to experts at the BlueGreen Alliance.
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Analysis of similar federal investments found that New Hampshire could add nearly 4,400 renewable clean energy jobs annually for 10 years
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Mitigating Coastal Flood Risk
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In a win for Granite Staters, our congressional leaders championed the addition of new climate investments focused on enhancing our coastal resilience and mitigating climate-fueled flood risks throughout our state, which is expected to see higher tides and increased flooding.
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NOAA released its annual state of high tide flooding report and outlook through April 2023, showing places throughout the Northeast coast such as Boston, Providence and Bar Harbor could experience up to 70 days of high tide flooding by the year 2050.
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The Inflation Reduction Act of 2022 will provide $2.6 billion in grants to conserve and restore coastal habitats, mitigate the impacts of climate change, and protect our communities from rising seas and devastating storm surges.
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It’s also allocated $2.2 billion funding for forestry conservation programs including $700 million for the Forest Legacy Program offering significant natural carbon sequestration benefits.
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Since the Infrastructure Investment and Jobs Act was signed into law in November 2021, $2.5 million has been announced for New Hampshire to harden infrastructure against flooding and storm risk and an additional $5.8 million for Promoting Resilient Operations for Transformative Efficient, and Cost-Saving Transportation (PROTECT) programs to help make surface transportation more resilient to climate change.
Lowering Costs for New Hampshire Families
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The Inflation Reduction Act of 2022 will:
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Invest $9 billion in consumer home energy rebate programs, focused on low-income consumers, to electrify home appliances and for energy-efficient retrofits.
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Offer 10 years of consumer tax credits to make homes more energy efficient, making heat pumps, rooftop solar, electric HVAC, water heats, and electric appliances more affordable.
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Create a $1 billion grant program to make affordable housing more efficient.
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Independent analyses found the Inflation Reduction Act would lower energy costs for families in New Hampshire with estimates ranging from $300 to $1,800 in annual savings.
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The average household could see between $1,025 in household energy costs including electricity costs, home energy, and transportation by 2030 compared to 2021.
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Additionally, to reduce energy costs for New Hampshire families, the Infrastructure Investment and Jobs Act will:
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Deliver a portion of a $3.5 billion national investment in energy efficiency and weatherization programs to New Hampshire, helping to lower energy bills for working-class families in our state.
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Since the Infrastructure Investment and Jobs Act was signed into law in November 2021, millions of dollars in investments have already been announced in New Hampshire to help lower energy costs for families in our state, including:
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$18 million for Weatherization Assistance Program to reduce energy costs for low-income households and $3.3 million to help prevent outages and make the power grid more resilient
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$774,000 for Low Income Home Energy Assistance Program to help families manage the costs of staying warm in the winter and cool in the summer.
Figures current as of July 2022