WASHINGTON (Reuters) - The U.S. renewable energy industry expressed relief after a compromise Republican tax bill released late on Friday preserved key tax credits that had been at risk of being removed, but it raised concerns about a provision that may threaten investment in the sector.

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BING NEWS:
  • The POWER Interview: The IRA's Impact on Tax Credits, Tax Equity, and Renewable Energy
    The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including ...
    04/29/2024 - 3:40 am | View Link
  • Feds Release Final Rules on Clean Energy Tax Credits
    Renewable energy project developers now have important clarification about the transferability of clean energy tax credits, as the U.S. Treasury Dept. and ...
    04/26/2024 - 6:27 am | View Link
  • Clean Energy Boom Winners: How Consumers Can Get Green Tax Credits
    T alk about going green. Last year, as a result of the Inflation Reduction Act (IRA), the U.S. government spent $239 billion to encourage companies and consumers to embrace renewable energy, according ...
    04/26/2024 - 3:00 am | View Link
  • Treasury finalizes rules for transfer of clean energy tax credits
    The provision allows project owners and developers to monetize certain tax credits by transferring them to other taxpayers for cash — simplifying how clean energy projects are financed.
    04/25/2024 - 11:51 pm | View Link
  • IRS issues final guidance for clean energy tax credit transferability
    Rules and definitions for the transfer and sale of tax credits, which has quickly grown to a multi-billion-dollar market, largely affirm the proposed guidance from last June.
    04/25/2024 - 9:55 am | View Link
  • More

 

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