Tag Archives: IRA

How Brown is Brown Enough? An Update on the IRA ITC Adder for Brownfield Sites

It is now almost 18 months since Congress enacted the Inflation Reduction Act.  One of the IRA’s provisions was an adder to the ITC for renewable energy projects located in an “energy community”.  One way to be in an energy community is to be a brownfield.  The IRA defined a brownfield simply as a facility that meets the definition of a brownfield under CERCLA. 

And what does that mean? … More

EPA’s Office of Land and Emergency Management Commits to Environmental Justice

Federal agencies continue to roll out plans to address environmental justice issues, which has become a focal point in the Biden administration’s agenda. Now that the Inflation Reduction Act of 2022 (IRA) is in effect, federal agencies are now able to access more funds to address environmental justice concerns. As discussed in a prior blog post, the U.S. Environmental Protection Agency (EPA) released its “Equity Action Plan” in April 2022 and on September 30,… More

IRA Incentives for Carbon Sequestration and Low Carbon Fuels

Yesterday, President Biden signed the Inflation Reduction Act, creating a law that contains the most significant climate-related incentives in U.S. history. In the few short weeks since the bill was introduced in the Senate, a flurry of economic activity has already begun, with entities already beginning to align their business practices to the incentives laid out in the bill.

Among the many programs enhanced or created by the legislation,… More