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Renewable Energy
By: Michael Wilson, CPA Summary On August 16, 2022, President Joe Biden signed into law H.R. 5376, more commonly known as the Inflation Reduction Act of 2022 (the “Inflation Reduction Act”), which includes $369 billion in incentives for clean technologies, including wind, solar, storage, hydrogen, nuclear, carbon capture, and biofuels to increase investment in the renewable energy sector. These incentives…
Renewable Energy
By Russ Johnson, CPA As the world moves towards a more sustainable future, clean energy has emerged as a frontrunner in the fight against climate change. However, transitioning from traditional energy sources to renewable ones is not always an easy or affordable task. Recognizing this challenge, governments around the world, including the United States, have implemented incentives to encourage the…