US Treasury unveils wage, apprenticeship guidance for clean energy tax credits

The U.S. Treasury Department has issued new guidance on wage and apprenticeship requirements for clean energy projects, allowing flexibility for fixing underpayment errors and addressing concerns over labor shortages and lack of apprenticeship programs.

reuters.com

Relevant topic timeline:

8/29/2023

U.S. Department of the Treasury, IRS Release Guidance on Inflation Reduction Act Provision to Ensure Good-Paying Clean Energy Jobs, Expand Clean Energy Workforce

The U.S. Department of the Treasury and the Internal Revenue Service have released proposed rules and FAQs on key provisions in the Inflation Reduction Act to ensure clean energy jobs are good-paying jobs and to build a robust pipeline of workers in the clean energy industry.

9/8/2023

Treasury to Release Guidance on Clean Energy Tax Credits by End of 2023, Addressing Supply Chain and Cost Concerns

The U.S. Treasury plans to release guidance on additional clean energy tax incentives, including rules to deter reliance on Chinese supply chains, before the end of 2023.