Access energy funding opportunities by the US governmentSee our handbooks
The Inflation Reduction Act (IRA) of 2022 provides almost $400 billion to fund energy and climate projects. The Act, a $740 billion package in total, is considered the most significant US investment ever to combat the effects of climate change, with a goal of reducing carbon emissions – mostly from power generation and transportation – by at least 40 percent by 2030.
These funding programs are having a significant impact on the energy sector. Projects that may otherwise have been unprofitable or marginal stand to generate sizable returns for investors.
Our latest handbooks discuss:
- The most relevant fiscal programs administered by the Department of Energy and the Department of Defense
- Key considerations for project sponsors seeking federal funding, including:
- The National Environmental Policy Act (NEPA) – review process
- Compliance with the Davis Bacon Act
- Compliance with the Cargo Preference Act
- Recent changes to tax incentives that are relevant to the energy transition sectors