U.S. Treasury Finalizes “Climate Friendly” Manufacturing Tax Breaks

10/25/2024

The U.S. Treasury Department this week rolled out the final rules for tax breaks for manufacturers making “clean” energy parts and mineral products used in climate-friendly tech.

The “45X” credit covers equipment like solar inverters, battery cells, wind blades, and more in the latest move from Washington to merge climate and industrial policy. The credits also apply to processing project extraction costs when sourcing domestic minerals. 10/24/2024

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