With the enactment of the Inflation Reduction Act (“IRA”) in August 2022, the United States signaled its commitment to reducing emissions in line with the Paris Climate Agreement. The IRA’s reach extends across industries and, in particular, across energy technologies. Its primary achievement in the energy and climate space is the unprecedented provision of public incentives for clean energy deployment and manufacturing capacity. These incentives provide the necessary long-term certainty required by wind industry stakeholders to make large capital investments in the U.S. market, which will in turn create jobs and economic opportunities for communities across the country.
