Friends of the Earth: Influential IRA Tax Credit Leaves Door Open for Dirty Energy
May 29, 2024
May 29, 2024
WASHINGTON, May 29 -- Friends of the Earth issued the following news release:
Today, the Treasury Department and the IRS released draft guidance on the most influential clean energy tax credit in the Inflation Reduction Act, the 45Y Clean Electricity Credit. This credit is technology neutral, intended to incentivize any electricity that produces zero greenhouse gas emissions. The proposal affirms the eligibility of renewables like wind and solar, but requests comments on the eligibi . . .
Today, the Treasury Department and the IRS released draft guidance on the most influential clean energy tax credit in the Inflation Reduction Act, the 45Y Clean Electricity Credit. This credit is technology neutral, intended to incentivize any electricity that produces zero greenhouse gas emissions. The proposal affirms the eligibility of renewables like wind and solar, but requests comments on the eligibi . . .