Inflation Reduction Act 2024. The inflation reduction act incentives reduce renewable energy costs for. The inflation reduction act of 2022 (“ira”) is the largest investment in climate change mitigation and adaptation in american history.
The inflation reduction act raises $300 billion over a decade by requiring large corporations to pay a 15 percent minimum tax on their profits and by enacting a 1. The inflation reduction act of 2022 includes two provisions authorizing $8.8 billion in rebates for home energy efficiency and electrification projects.