By releasing a new rule for wages and apprenticeships under the current inflation act, the Treasury Department has come out to say that they are now closing this phase of the historic climate and energy law act. Rules have related to domestic content as well as electric vehicles and direct pay energy. The low-income adder has also been written and this has helped both direct pay as well as transferability. Energy communities and the low-income adder have also been written too. More than a year after the IRA was signed by Joe Biden, it seems that a notable shoe had yet been dropped. The result of all of the uncertainty would be a multi-million dollar campaign that has spilled over into mainstream channels. At issue here, more than anything, would be the lack of clarity for how green energy is used. You also need to look at how things are going to qualify for the IRA and tax incentives. Even if you forgo the rules, it seems that the law for green hydrogen is not existent right now. Advocates have warned time and time again that this could change just as fast and that a lot of this depends on the move from treasury departments.
Of course, the green energy movement is now bigger than ever but it seems that more has to be done to make sure hat it is sustained properly. Who knows what the future holds, but one thing is for certain. More has to be done to make sure that people are given incentives to go green and that they are also able to get the help they need regarding their impact on the environment. If you want to know more then follow this story to keep updated on the latest events.