September 15, 2023
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Project Development & Finance partner Jorge Medina discussed how companies can buy and sell clean energy tax credits as part of the 2022 Inflation Reduction Act in an interview with Grist.
“It’s pretty unprecedented,” Jorge told the environment-focused publication “There hasn’t been a program quite like this, and not on this scale.”
The Congressional Budget Office has estimated the clean energy tax credits account for roughly three-quarters of the legislation’s $369 billion in climate incentives. The IRA provides tax credits for a range of clean energy technologies, from the deployment of solar and wind to the development of clean hydrogen and carbon-capture projects.
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