The U.S. Treasury Department and IRS have released final rules on prevailing wages and registered apprenticeship programs related to clean energy tax credits under the Inflation Reduction Act. Mike Williams, senior fellow at the Center for American Progress, commented on these developments.
"The Treasury Department is helping the Inflation Reduction Act live up to its intention to deliver good jobs while fighting the climate crisis and providing good value for the public," Williams stated. "These rules incorporate innovative thinking by encouraging the usage of project labor agreements, lifting up best practices for employers, and placing more power into the hands of workers and community members to ensure strong enforcement."
For further information or to speak with an expert, contact Sam Hananel at [email protected].
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