Two States Are Ramping Up Clean Energy Incentives. That Was the Inflation Reduction Act’s Point

11 months ago 55

Colorado passed new laws offering state tax credits for adopting clean energy technologies to add to existing federal ones. Minnesota is set to pass similar legislation.

Two states are set to significantly ramp up the financial incentives to adopt renewable energy and electric vehicles under new laws that mimic federal clean energy tax credits provided under the Inflation Reduction Act. It’s a sign that the Democrats’ marquee climate law is doing what its authors intended: spur additional public and private investments to speed up the nation’s clean energy transition.

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