Search Results for: inflation reduction

Graphic provided by the US Department of Energy

The Inflation Reduction Act Turns 2 — Let’s Celebrate The Clean Energy Projects It Has…

The Biden-Harris administration signed into law the largest US investment in climate action ever with its Inflation Reduction Act (IRA). The IRA is taking hold to reduce climate pollution across multiple sectors of the economy with climate resilience, mitigation, and net zero goals combined to change the way the US … [continued]

Photo by Cynthia Shahan | CleanTechnica

The Inflation Reduction Act: Saving American Households Money …

… While Reducing Climate Change and Air Pollution The Inflation Reduction Act, or IRA, extended and expanded tax credits that help households invest in residential clean energy such as solar panels, as well as home energy efficiency. New data from the Internal Revenue Service show that more than 3.4 million American families have already … [continued]

Graphics courtesy of RE-volv

Direct Pay Provision Available Through The Inflation Reduction Act Brings Solar To Non-Profits

We were pleased at CleanTechnica when our friend Tierney reached out to us. Tierney wanted us to know about a church congregation in Compton, California, that recently held a solar ceremony and resiliency workshop to celebrate their new 12 kW rooftop solar and upcoming battery storage installation. With solar energy, … [continued]

Image courtesy of DOE

$16.7 Million for Marine Technology Innovation Through the Inflation Reduction Act

Funding will support NOAA’s efforts to provide communities with decision-making tools and information necessary for coastal resilience Today, the Department of Commerce and NOAA announced $16.7 million in funding across 12 awards to support the development of innovative new technologies and public-private partnerships focused on sustainability, equity, biodiversity and climate … [continued]

U.S. Treasury, IRS Updates Procedures for Qualified Manufacturers, Dealers, & Sellers of Certain Qualified Clean…

WASHINGTON, D.C. — The Department of the Treasury and Internal Revenue Service issued Revenue Procedure 2024–26 June 7 for the submission of information by qualified manufacturers of new clean vehicles and dealers and sellers of new clean vehicles and previously-owned clean vehicles. This guidance provides additional procedures for qualified manufacturers … [continued]

BlueOval City factory construction. Image courtesy of Ford.

Inflation Reduction Act Drives $92 Billion Investment In EV Production, 84,000 Jobs In USA

The Inflation Reduction Act has been an enormous stimulus for the electric vehicle sector in the US. It is underrated and under-acknowledged for how it has brought manufacturing and mining jobs to the United States, not to mention retained many. People may think that EV sales and production in the … [continued]