Last week, the U.S. Environmental Protection Agency announced the 25 successful applicants for a shared $4.3 billion in implementation funding under the Inflation Reduction Act’s (IRA) Climate Pollution Reduction Grant (CPRG) program. The grants will enable investments in solar projects, building energy-efficiency upgrades, the buildout of electric vehicle charging infrastructure, […]
Inflation Reduction Act
23 posts
Cities are often considered a niche focus for those who work in climate policy – a third level of government not directly captured in our country’s federal-state dichotomy, one occasionally commended for “stepping up” or showing “leadership” in the absence of climate action by Congress or in many states. There […]
In April 2024, the U.S. Environmental Protection Agency (EPA) announced funding recipients for its National Clean Investment Fund (NCIF) and Clean Communities Investment Accelerator (CCIA), two programs established by the 2022 Inflation Reduction Act (IRA). The NCIF and CCIA awards are a step towards implementing the “third leg of the […]
Yesterday, March 5, 2024, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations for their elective pay program, which allows many non-taxpayers, including local governments and their agencies and instrumentalities, to recoup the value of certain climate and clean energy tax credits as […]
Last month, the Fordham Urban Law Journal published a paper I wrote titled The Legal Case for Equity in Local Climate Action Planning. In the last several years, cities’ climate action plans, or CAPs, have increasingly incorporated equity and justice objectives and metrics alongside more traditional greenhouse gas reduction measures […]
By opening up new tax credits for tax-exempt entities, the Inflation Reduction Act (IRA) provides a vehicle to fund smart surface projects while increasing solar electricity generation. Smart surfaces are ones that combat the effects of excessive sunlight, rainfall, and heat, especially in the urban heat islands, that pose particular […]
The Inflation Reduction Act (IRA) is chock-full of tax incentives for climate and clean energy projects. This year, 2023, marks the first tax year in U.S. history during which entities that do not have federal tax liability – including local and state governments and agencies, nonprofit organizations, tribes and municipal […]
On June 14, 2023, the U.S. Treasury Department and the Internal Revenue Service (IRS) issued temporary and proposed rules for the “direct pay” mechanism enabled by the 2022 Inflation Reduction Act (IRA) and codified under Section 6417 of the Internal Revenue Code. Direct pay – which is already in effect […]