Q&A: Post-IRA Observations—Where Are We in 2024?

The linchpin of Joe Biden’s sweeping climate change initiative is the Inflation Reduction Act (IRA) passed in August of 2022. The IRA provides massive tax benefits for investment in a broad array of renewable and “clean energy” related projects. The potential advantages provided for in this legislation are enormous.

More than one year out, it is clear that this legislative package is on its way to achieving much of its intended purpose, but to be fully successful there are still a significant number of unanswered questions. 

Our brief Q&A addresses industry observations regarding the financing and implementation of renewable energy projects designed to take advantage of many of these tax benefits.