The One Big Beautiful Bill Act, recently signed into law, made an interesting tweak to the tax structure of energy projects: It reinstated developers’ ability to deduct the total cost of their capital expenditures from their taxable income in the year they made those expenditures. This provision| Center for Public Enterprise
It’s not just about cost—the bill text imposes new and perhaps insurmountable uncertainties on project developers and investors.| Center for Public Enterprise
On December 3, 2024, CPE Senior Associate for Energy Finance Advait Arun presented at the University of Sydney's Climate Economy political economy and geography workshop about how the Inflation Reduction Act builds state capacity in the public sector. His presentation focused on three aspects of the| Center for Public Enterprise
A State Legislator's Guide to Direct Pay: Building Jobs & Sustainable Public Energy Executive Summary The Inflation Reduction Act (IRA) includes Direct Pay tax credits that have the potential to bring nearly unlimited funding for clean energy projects into the communities that need them most. Direct Pay tax credits will radically expand publicly owned energy, support […]| State Innovation Exchange