Inflation Reduction Act – A Great Summary!

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  • Inflation Reduction Act – A Great Summary!

Significant federal funding for climate efforts. The IRA directs nearly $400 billion in federal funding to clean energy, with the goal of substantially lowering the nation’s carbon emissions by the end of this decade. The funds will be delivered through a mix of tax incentives, grants, and loan guarantees. Avid is excited that our clients developing green hydrogen projects benefit greatly from this legislation!

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