Inflation Reduction Act 2024 Details. When the law, known as the inflation reduction act, was approved in 2022, analysts predicted that it would help cut america’s greenhouse gas emissions roughly 40 percent. The inflation reduction act modifies and extends the clean energy investment tax credit to provide up to a 30% credit for qualifying investments in wind, solar, energy storage,.
She said that “the threat hamas poses to the. Department of the treasury and internal revenue service (irs) released proposed guidance on the clean electricity production credit.