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The Inflation Reduction Act: What the massive bill means for the energy sector and carbon emissions

Sustainability Now

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Tax Credits for Renewable Energy

Tax credits that go towards menuable energy generation, i think it's pretty significant. In the past, these types of credits have only been with a time span of a few years. This time around, the tax credit is bein set for an entire decade and definit prescedenit. That has not been seen before in terms of regulatory certainty. An thattecism for solar and wind facilities, bi mass facilities, go thermal heat pump facilities. There are a lot of facilities that provide low carbon energy that will lie in a tax credit because they need to be competitive in a market as established as the energy market.

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