Treasury, IRS Release Final Regulations for the Advanced Manufacturing Tax Credit

October 24, 2024

WASHINGTON, D.C. – The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final regulations today on the Section 45X Advanced Manufacturing Production Tax Credit for solar, wind, and qualifying battery components, inverters, and applicable critical minerals. Following is a statement from Ray Long, President and CEO of the American Council on Renewable Energy (ACORE), on the final rule:

“Thanks to smart industrial policies, like the Advanced Manufacturing Tax Credit, America is in the middle of a true clean energy manufacturing renaissance. Over $75 billion has been invested in clean energy manufacturing in the last two years in projects that are now fully operational, including 42 American factories that employ 20,000 U.S. workers. This clean energy manufacturing renaissance will ultimately support more than 100,000 new manufacturing jobs nationwide.

“ACORE deeply appreciates the work the Treasury Department and the IRS did to finalize the Section 45X credit. The final rule issued today retains the applicability of direct pay and transferability, and provides needed flexibility for a broad range of U.S. businesses to fully leverage the benefits and create American jobs.

“While we continue to analyze the market impacts of the final rule, we look forward to our continued partnership with the agencies on regulations that further accelerate America’s clean energy transition. With constructive regulations and balanced trade policies, the U.S. can rise to a place of global leadership in clean energy manufacturing that will create more good-paying jobs, lower costs for businesses, secure our grid, and maximize American competitiveness.”

About ACORE:
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to renewable energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a renewable energy economy. For more information, please visit www.acore.org.

Media Contacts:
Alex Hobson
Sr. Vice President, Communications
American Council on Renewable Energy
hobson@acore.org | 202.830.3592 (o) | 202.594.0706 (c)

Dylan Helms
Associate, Communications
American Council on Renewable Energy
helms@acore.org | 202.935.6491 (o) | 727.290.8804 (c)

The post Treasury, IRS Release Final Regulations for the Advanced Manufacturing Tax Credit appeared first on ACORE.

https://acore.org/news/treasury-irs-release-final-regulations-for-the-advanced-manufacturing-tax-credit/

Renewable Energy

Do Higher CO2 Concentrations Help Grow Plants?

Published

8 hours ago

February 10, 2026

Alice Rush

No.

Higher CO2 concentrations don’t increase crop yields, just like higher O2 concentrations don’t grow stronger or healthier animals. We take the chemicals out of the atmosphere that we need for our metabolism.

Do Higher CO2 Concentrations Help Grow Plants?

Renewable Energy

Aspects of American Life Under Trump

Published

10 hours ago

February 9, 2026

Alice Rush

At left is a great example of something affecting all our lives here in the United States.

In this case, it’s that the U.S. military functioned fairly well for 250 years before an alcoholic Fox News commentator took over our national defense. Moving forwards from 1775, when the Marine Corps was formed, our nation expanded to become the most powerful country on the planet. Does anyone with a brain larger than the size of a pea believe that Pete Hegseth was needed to save us from immanent destruction?

In voting, something similar has occurred. Until 2020, when Trump falsely claimed that the election from rigged and attempted to overthrow the federal government, we had done perfectly well. Our states, charged as they are in the U.S. Constitution with the security of our elections, took us successfully through 230 years of presidential elections.

What’s changed?

Some say it’s national stupidity, and just maybe they’re right. It’s not Trump and his lying sycophants; it’s tens of millions of hateful morons.

Aspects of American Life Under Trump

Renewable Energy

“10 – 15 Blue Cities”

Published

10 hours ago

February 9, 2026

Alice Rush

If acres of farmland and desert could vote, the author of the meme here would have a point. But fortunately for us all, that’s not the case.

To a large degree, the nation’s electorate is composed of well educated, affluent people in the northeast and along the Pacific coast.

Another point to be made is that no one is telling you how to live. Anything you want to believe, regardless of how asinine, is fine with us progressives. Anything you want to do, as long as it’s legal and conforms to the Constitution, is also fine.