The strengthened and newly established tax credits for clean energy in the Inflation Reduction Act will not only drive the deployment of clean energy technologies and dramatically reduce pollution, but also provide high-quality jobs in the clean economy. The law—for the first time ever—includes high-road labor standards on federal tax credits for clean energy deployment. This is significant when considering—on the whole—high-road and union jobs pay better, have better benefits, and are safer than non-union jobs. In June 2024, the U.S. Department of Treasury released a final rule for the Prevailing Wage and Apprenticeship (PWA) requirements to the Inflation Reduction Act clean energy tax credits. This document will offer answers to some of the most common questions on these rules.
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Publisher: BlueGreen Alliance
Date: June 28, 2024
Type: Fact Sheet
Sector(s): Other Climate
State(s): None