Sierra Club Statement on Announcement of First Projects Receiving 48C Clean Energy Manufacturing Investments
April 20, 2024
April 20, 2024
WASHINGTON, April 20 -- The Sierra Club issued the following statement on April 19, 2024:
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Today, the U.S. Department of Energy announced the details of 35 projects across 20 states that received a total of $1.93 billion in allocations of the Qualifying Advanced Energy Project Credit (48C). The companies behind these projects committed to invest many billions more in order to qualify. 48C is an allocated tax credit funded by President Biden's Investing in America a . . .
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Today, the U.S. Department of Energy announced the details of 35 projects across 20 states that received a total of $1.93 billion in allocations of the Qualifying Advanced Energy Project Credit (48C). The companies behind these projects committed to invest many billions more in order to qualify. 48C is an allocated tax credit funded by President Biden's Investing in America a . . .