The administration’s focus on growing a healthy, competitive solar supply chain combines Biden’s drive to stimulate private investment in clean tech manufacturing and jobs and bipartisan concerns about Chinese trade practices.
The Treasury Department and the IRS released guidance on tax incentives from the Inflation Reduction Act to offset the cost of installing electric vehicle charging stations and other alternative refueling stations.
DOE is focused on reshaping the U.S. energy landscape, but officials may have only another year to build the momentum needed to make any potential Republican rollbacks unpopular and unlikely.
The Treasury Department has released guidance on the tax credit for sustainable aviation fuel that offers incentives to fuel that cuts emissions by at least 50% compared to standard jet fuel.
The Treasury Department has released guidance on its 45X tax credit for clean energy manufacturing, which is meant to help spur domestic production of batteries, solar, wind, and minerals.
As U.S. automakers pull back on plans to invest heavily in electric vehicles, claiming sales are not growing as fast as expected, the Treasury Department and Internal Revenue Service issued new guidelines on the federal tax credits for EVs that could further slow sales.
The Treasury Department published guidance for private-sector financial support of net-zero initiatives, a set of voluntary best practices to promote consistency and credibility.
