Treasury Department, IRS Release Final Transferability Rules

April 25, 2024

WASHINGTON, D.C. – The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final rules today on the transferability provisions included in the Inflation Reduction Act (IRA). Following is a statement from Ray Long, President and CEO of the American Council on Renewable Energy (ACORE), on the guidance:

“It is difficult to overstate the significance of today’s announcement for the clean energy market. Transferability is a powerful tool that broadens the reach of clean energy tax credits and expands the supply of available financing for the energy transition.

“The final rules issued by Treasury today will open the door to tens of billions of dollars in additional annual clean energy investments and attract more diverse participants into the market. As our industry continues to scale to meet the nation’s skyrocketing demand for clean electricity, project owners and investors now have the certainty needed to fully leverage this key provision.

“We applaud the Department for releasing this comprehensive guidance and look forward to our ongoing partnership with the agency to achieve regulations that set the stage for America’s clean energy economy.”

Background:
ACORE submitted comments in response to the proposed regulations concerning transferability and direct pay issued by Treasury and the IRS last June, which built from prior individual and joint comments on a range of pertinent issues. ACORE staff has also participated in multiple conversations and roundtables with the Biden administration on the implementation of the IRA.

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

The post Treasury Department, IRS Release Final Transferability Rules appeared first on ACORE.

https://acore.org/news/treasury-department-irs-release-final-transferability-rules/

Renewable Energy

Texas Goes Blue

Published

11 hours ago

November 6, 2026

Alice Rush

A friend from Texas writes: It’s been an interesting week! A lot to reflect on. And Texas seems to be the epicenter. Folks are pretty flabbergasted over the defeat of all statewide Republican candidates (including state supreme court justices) and the election of a Democratic party-controlled state house.

Yes, Texas blew everyone’s mind. I think what the GOP experienced was a double-whammy if you will.

Consumer prices are high, due at least in part to Trump’s inane and illegal war in Iran. This is impacting the lives of working class Americans.

and

I’m pleased to be able to report that many people still have a conscience, which causes them to reject the GOP’s cruelty, dishonesty, dismissal of science, and criminality.

Texas Goes Blue

Renewable Energy

White Guys Not Really Catching On

Published

12 hours ago

November 6, 2026

Alice Rush

As shown here, white men, especially uneducated white men, are still not able to see that Trump is terrible for America.

If the last two years didn’t change that, it appears that nothing will.

White Guys Not Really Catching On

Renewable Energy

A Few Things in U.S. Politics that Don’t Make Sense

Published

1 day ago

November 5, 2026

Alice Rush

The vast majority of Americans are thrilled that the midterms brought us the “blue tsunami,” but there are a couple of things that don’t really add up. You may have noticed that:

The U.S. wants a random alcoholic Fox News “journalist’s” head on the plate for having orchestrated the war in Iran, when all he was doing was pursuing his loyalty to Donald Trump, the man who started this asinine and grossly illegal war.

There seems to be no effort to cause Trump, who tried to violently overthrow the U.S. federal government, to face accountability for his treasonous acts.

What’s up with the media? Is there a concerted effort to avoid the facts? What’s the problem with honesty, and telling Americans the truth? Isn’t this the clearest instance of gaslighting in our history? Are we now trying to pretend that Trump never existed?

If such a landslide victory against a would-be autocrat had happened anywhere else on Earth, that traitor would be in prison now, in most cases facing execution.