Energy provisions and related tax credits in the Inflation Reduction Act of 2022
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On July 30, 2022 the U.S. House of Representatives passed The Inflation Reduction Act of 2022.
The bill includes notable revisions to many of the green energy items addressed in our prior publications and specifically targets lower energy costs, increase in cleaner production, and reduction of carbon emissions by roughly 40% by 2030.
The following PDF provides an overview of the green energy items in the current version of the bill as it moves to the Senate for consideration.