Prosperity arises not only from putting power sources in new places. It also flows from helping people currently powerless to tap energy for more active lives.
Lawyers and VCs have sized up the Inflation Reduction Act by now, and American energy systems will likely never stagnate again. For thinking about investment over the decades that decarbonization will take, take a trip back to another crossroads in the nation's energy history.
Many have boiled down the seminal Inflation Reduction Act, and many are burrowing into it. To set boundaries and context beyond the timing of tax credits, consider an analogy to how another blockbuster set of policies altered one of the world's more emissions-intensive cities.
How do tax credits and tax equity make renewable energy rollout faster and more efficient? These stories explain some answers - and raise some actionable questions for you in the field.
The future of tax equity may well run through a channel called "direct pay." which could simplify and expand a lot of what makes the tool valuable. As always, some unknowns come into the picture.
At a deal level, tax equity never looked easy. At an institutional economy-nudging level, its harder still. This installment sets out some structural blocks and ways over them.
