RFF Questions Scope Of IRA’s ‘Energy Community’ Bonus Tax Credit

A new Resources for the Future (RFF) analysis concludes the recent climate law imprecisely targeted a bonus tax credit for locating clean energy projects in economically vulnerable “energy communities,” with the incentive covering many areas that don’t significantly rely on fossil fuels and possibly omitting some energy-dependent areas. The Nov. 1 report floats an alternative approach to the credit, even as there appears to be little indication the next Congress could agree on potential changes to a suite of clean...