Treasury Issues Wage, Training Guide For ‘Bonus’ Clean Energy Credits

November 29, 2022
The Treasury Department is issuing initial guidance for how parties can qualify for “bonus” clean energy tax credits in this summer’s climate law that depend on compliance with prevailing wage and apprenticeship rules, with the Biden administration touting the guidance as a “first step” to ensuring the law spurs high-paid jobs. The Nov. 29 guidance, one of several documents Treasury officials are developing to expedite roughly $270 billion in low-carbon energy incentives in the Inflation Reduction Act (IRA), clarifies eligibility...

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