Expert Flags Major Looming Debate Over Technology-Neutral IRA Credits

One energy policy observer is flagging the importance of forthcoming Treasury Department rules for implementing a technology-neutral Inflation Reduction Act (IRA) tax credit for zero-emission power, arguing the policy will be important in determining the contours of deep carbon cuts in the electricity sector. The tax credit that “no one is talking about enough is the most important of all the credits just from a carbon-impact perspective,” argued Rich Powell, CEO of center-right think tank ClearPath, during a Jan. 24...