U.S. Department of the Treasury
Treasury Department issues final guidance for lower-income community bonus on IRA tax credits for clean energy projects.
The Treasury Department is working to implement the 45v tax credit, which is the largest incentive passed under the Inflation Reduction Act and is meant to incentivize clean hydrogen production.
Power demands from the upstart clean hydrogen industry could lead to a dirtier electric grid.
Federal production tax credits for green hydrogen will depend on the "cleanliness" of the power used to produce it.
The Treasury Department's revised list of EVs qualifying for federal tax credits provided mixed news for U.S. and foreign automakers and prospective buyers.
Millions in new funding and bonus tax credits are heading to new clean energy projects in communities impacted by the closure of fossil fuel-based industries.
The transparency and traceability of critical minerals and battery components will be essential for automakers as they work to meet domestic content provisions.
The U.S. Treasury Department just made its March deadline for issuing guidelines on the domestic content provisions for EV tax credits.
The U.S. Treasury Dept. updated its IRA qualification guidelines to base vehicle classifications on the model information listed on the car’s price sticker.
Consumers looking to cash in on the Inflation Reduction Act’s tax credits for electric vehicles may have to wait on the Treasury Department.
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