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May 14, 2024

U.S. Department of the Treasury

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Treasury Dept. Finalizes IRA Low-income Tax Credit Adder
Treasury Department issues final guidance for lower-income community bonus on IRA tax credits for clean energy projects.
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Hydrogen Tax Credit Design is Key to Decarbonization
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.
Shutterstock
Clean Hydrogen and Renewable Energy Feud over Tax Credit Rules
Power demands from the upstart clean hydrogen industry could lead to a dirtier electric grid.
E3/ACORE
How Green is that Green Hydrogen?
Federal production tax credits for green hydrogen will depend on the "cleanliness" of the power used to produce it.
GM
Treasury Releases Revised List of EVs Eligible for IRA Tax Credits
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.
DOE
IRA Tax Credits Draw Clean Energy Projects to Coal Communities
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.
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Transparent, Traceable Supply Chains Key to EV Domestic Content Rules
The transparency and traceability of critical minerals and battery components will be essential for automakers as they work to meet domestic content provisions.
Ford
Fewer EVs May Get IRA Tax Credit Under New Domestic Content Rules
The U.S. Treasury Department just made its March deadline for issuing guidelines on the domestic content provisions for EV tax credits.
Ford
Treasury Updates EV Tax Credit Vehicle Classifications
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.
EVgo
Treasury Delays Key Rules for IRA’s EV Tax Credits
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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