The Inflation Reduction Act of 2022 – Are You Ready?

Anyone involved in the clean energy sector can barely make it through the day without hearing about or seeing news reports on the Inflation Reduction Act of 2022 passed by Congress on August 12, 2022. How a significant part of the Act is aimed at fighting climate change and promoting domestic energy security. How it extends and expands existing tax credits as well as adds several new energy tax credits for clean energy projects, production, manufacturing, and more. And how the Act also adds new grants and loan programs. The policy changes in the legislation are certainly a boon for new and existing participants in the clean energy sector.

Please join us for a discussion of the energy tax provisions in the Act led by Anne Levin-Nussbaum, a Member in our Energy & Sustainability and Tax Practices. We’ll also hear from Neal Martin, Senior Director of Government Relations, ML Strategies, and Courtney Taylor, Senior Vice President, ML Strategies, who will review the Act’s new direct funding opportunities and offer insights regarding the implementation of such funding programs.