Author: Dave Elam | March 15, 2024

Summary

The IRA is designed to mobilize private capital to achieve the United States’ climate goals and strengthen long-term growth. This far-reaching legislation will affect many environmental, health and safety (EH&S) project managers as our organizations leverage IRA provisions to undertake programs and develop products that increase market share or support environmental, social and governance (ESG) objectives. The IRA incorporates 26 key tax provisions, including 21 tax credit programs that are outlined in this article. This article provides general information about provisions of the IRA that may affect EH&S managers and their organizations in the near- and long-term.

This article appears in the March 2024 issue of EM Magazine, a copyrighted publication of the Air & Waste Management Association (A&WMA; www.awma.org).

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David Elam

David (Dave) Elam has been active in the environmental industry for 35 years, principally in the air quality management field. Dave serves as a Vice President and Project Director at TRC where he assists with project delivery, regulatory analysis and quality management in the air quality and energy transition areas. Contact him at DElam@trccompanies.com.