Press Release | June 15, 2023

Direct Pay Expands Access to IRA Benefits:

IRS new tax guidance will help speed transition to clean energy

WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released new guidance on key provisions in the Inflation Reduction Act that would expand clean energy tax credits to state, city and local governments and other nonprofit entities.

In response to the announcement, Southern Environmental Law Center Climate Initiative Leader Alys Campaigne released the following statement:

“This guidance helps to ensure that federal climate benefits will reach the communities that need them the most. With provisions that expand access to renewable tax credits and make them transferable, the IRA is one step closer to helping alleviate the disproportionately high energy burden many lower-income communities experience while transitioning away from fossil fuels. SELC is excited to help fast-track energy efficiency and renewables and ensure these benefits reach Southern states.”

###

The Southern Environmental Law Center is one of the nation’s most powerful defenders of the environment, rooted in the South. With a long track record, SELC takes on the toughest environmental challenges in court, in government, and in our communities to protect our region’s air, water, climate, wildlife, lands, and people. Nonprofit and nonpartisan, the organization has a staff of 200, including more than 120 legal and policy experts, and is headquartered in Charlottesville, Va., with offices in Asheville, Atlanta, Birmingham, Chapel Hill, Charleston, Nashville, Richmond, and Washington, D.C.

southernenvironment.org

Are you a reporter and would like more information? Please visit our press contact page for a full list of SELC’s press contacts.