READOUT: U.S. Department of the Treasury Hosts Tribal Consultation on Inflation Reduction Act Provision to Expand Clean Energy Incentives to Tribal Governments

July 18, 2023

WASHINGTON, D.C. –The U.S. Treasury Department yesterday hosted a Tribal Consultation on a key provision of the Inflation Reduction Act that impacts Indian Country. The consultation with nearly 100 Tribal representatives was led by Chief Lynn Malerba, Treasurer of the United States, and focused on a new credit delivery mechanism – elective pay (often called “direct pay”) – that enables Tribal governments to take advantage of clean energy tax credits, expanding the reach of those credits to help build projects more quickly and affordably, which will in turn create good-paying jobs and lower energy costs.

Until the Inflation […]

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By Donato