Market for Sellable Green Tax Credits Heats Up Ahead of IRS Rule

The Biden administration’s plan to transform the US power grid by unleashing billions of dollars in financing for clean-energy projects is beginning to move, banking on a key factor: investors looking to lower their taxes.

The new market for green energy credits that can be directly bought and sold, created by the Inflation Reduction Act, is a key piece of the US’s clean energy transition. The existing method green energy developers use to monetize their credits is a nearly tapped-out market with barriers to entry for smaller players. The new method, known as transferability, is expected to significantly expand the ...