The U.S. Department of the Treasury today released guidance on the labor standards required for eligibility for the full value of clean energy tax credits included in the Inflation Reduction Act. The Inflation Reduction Act was signed into law a year ago and, for the first time, labor standards were attached to clean energy tax credits to ensure high-quality job creation and incentivize Project Labor Agreements in the clean energy industry.
In response to today’s guidance, the BlueGreen Alliance released the following statement from Executive Director Jason Walsh:
“The Inflation Reduction Act made history by tying high-road labor standards to clean energy tax credits, sending a strong message that the nation’s clean economy will be built by empowered workers in good-paying, safe jobs. The guidance released today will help ensure that the jobs created by these tax credits are good-paying union jobs that benefit whole communities, while reducing the emissions fueling climate change. We thank the Treasury Department and the Biden administration for their leadership and look forward to continuing to work with them to maximize the benefits of the Inflation Reduction Act for all.”