Treasury Finalizes Wage, Apprenticeship Rules For ‘Bonus’ IRA Credits

June 18, 2024
The Treasury Department is finalizing wage and apprenticeship requirements to secure “bonus” credits as part of the Inflation Reduction Act’s (IRA) clean energy incentives, with Biden administration officials arguing the move will benefit workers and drive additional investment in low-emissions projects. The administration’s June 18 release of the final rule governing prevailing wage and registered apprenticeship provisions will give industry “certainty” needed to prompt additional clean energy and other projects, said White House clean energy advisor John Podesta during a...

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