Latest / Catalyst with Shayle Kann
Frontier Forum: Diving into the booming transferable tax credit market
It's been a year and a half since the Inflation Reduction Act was passed. In that time, we've seen $110 billion in planned investments for factories that are pumping out electric cars, batteries, solar modules, and wind towers.
The upper end of 2030 forecasts show nearly twice as much zero-carbon generation getting built compared with scenarios without the law in place.
Much of this activity is the result of a new shift in the US tax code that allows wind, solar, storage, hydrogen, carbon capture, and manufacturing tax incentives to be sold for cash. It’s creating a lot more deal volume as…
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