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Decarb is Going on Sale: Demystifying IRA Tax Incentives for Building Owners
July 19, 2023 @ 12:00 pm - 1:00 pm
The Inflation Reduction Act of 2022 (IRA) is the most significant climate legislation in U.S. history. But what does this mean to building owners?
As one White House expert recently put it, “decarbonization is going on sale.”
Two-thirds of IRA funding will take the form of tax credits, which are being enhanced to benefit more organizations, including nonprofits and even local governments.
In addition, the EPAct 179D tax deduction has been made permanent, and its value has more than doubled from $1.80 per square foot to $5.
Join LABBC’s (Los Angeles Better Buildings Challenge) David Hodgins in conversation with federal tax law expert Gabrielle Jacques of Norton Rose Fulbright and energy efficiency expert Rich Maiolo of Capital Review Group for a conversation about:
- Recent changes to federal tax incentives under IRA;
- How to access these incentives; and
- Case studies on real-world projects