Comments on the 45Y and 48E Tax Credits

Testimony and Public Comments — Feb 26, 2024

Comments on the Proposed Guidance for the 45V Tax Credit

This public comment addressed to the Internal Revenue Service focuses on the role of state energy and climate policies and the risks associated with using the annual emissions rate in the 45V clean hydrogen tax credit.

Issue Brief — May 1, 2024

On Deck for Treasury: The Inflation Reduction Act’s New Approach to Clean Electricity Tax Credits

This issue brief explains the Inflation Reduction Act's 45Y and 48E tax credits for clean electricity generation and describes potential challenges to implementation.

Issue Brief — Jul 10, 2024

The US Department of the Treasury’s Proposed Guidance for the Tech-Neutral Tax Credits

This issue brief outlines the questions answered by the US Department of the Treasury's guidance on technology-neutral tax credits, as well as those that have yet to be addressed.

Common Resources — Dec 3, 2024

Interpreting the Technology-Neutral Tax Credits in the Inflation Reduction Act

Two tax credits that take effect in January 2025 incentivize the generation of electricity from any technology with zero emissions. Simplifications to the federal interpretation of these tax credits could facilitate a smoother rollout.