Navigating Renewable Energy Tax Credits Through Election 2024

Whether our next presidential administration is Democratic or Republican, and how down-ballot candidates fare in the general election this November, will significantly determine the trajectory of renewable energy tax credits.

Renewable energy tax credits have been a vital tool for fostering sustainable solutions across the nation, spurring substantial investment in emergent technologies such as wind, solar, and bioenergy, driving down costs, and promoting energy independence. However, the continuation and potential expansion of these incentives under differing political regimes could dramatically alter the landscape. With the Inflation Reduction Act of 2022 (IRA) as a current backbone for such policies, its future ...