Live Breaking News & Updates on Marie Sapirie

Stay updated with breaking news from Marie sapirie. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

WindAction | Duke, others leverage new IRA rules to finance clean energy, but cost, complexity are hurdles

A new market for Inflation Reduction Act clean energy tax credits will bring significant new capital to wind, solar, battery, clean hydrogen and carbon capture projects, financial analysts say. The IRA transferability provision allowing the buying and selling of federal production and investment tax credits could more than triple the $20 billion annual tax equity market that today finances clean energy in the U.S., the analysts say. Clean energy developers can earn revenues by selling tax credits, buyers can reduce their tax burdens while financing new projects, and utilities could increase ownership of low cost clean energy to reduce customer rates. ....

Davis Hill , United States , Dave Riester , Becca Glazer , Jessie Robbins , Pedro Azagra , Duke Monroe , Norton Rose Fulbright , Matthew Coleman , Billy Lee , Keith Martin , Cooper Monroe , Marie Sapirie , James Richards , Norton Rose Martin , Jason Burwen , Congressional Joint Committee On Taxation , Duke Energy Vice , Ashtrom Renewable Energy , Davis Hill Development , Clean Energy , Treasury Department , Iberdrola Group , Inflation Reduction Act , Energy Vice President , Tax Cooper Monroe ,