State AGs Could Play Key Role in Clean Energy Transition

The Inflation Reduction Act (IRA) could put the U.S. on the path to becoming the world’s “premier energy supplier,” according to a new report from Credit Suisse. “The solar manufacturing tax credits make U.S.-made modules among the cheapest globally and could turn the U.S. from an importer of solar modules and wind turbines to an exporter,” say the authors.The IRA allocates $369 billion for tax credits, financing and grants, but Credit Suisse estimates that factors including the uncapped nature of credits and incentives, subsidized lending and private-sector investment stimulated by the IRA could bring $1.7 trillion to the power and manufacturing sectors over the next 10 years.Unleashing this much economic power brings considerable potential for disruption, confusion and abuse along with a historic…

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