Washington Post Climate 202 | September 7, 2023 — On September 7th, CEBN sent a letter signed by 210 cleantech business leaders to every congressional office urging Congress to permanently restore immediate expensing under Sec. 174 as soon as practicable this Congress. The letter was covered by the Washington Post’s Climate 202.
Today, 210 cleantech business leaders, with support from the Clean Energy Business Network, sent a letter to all members of Congress urging them to pass bipartisan proposals restoring immediate expensing for the section 174 R&D tax deduction.
On August 15, CEBN hosted a webinar with the Environmental Defense Fund (EDF) celebrating the one-year Anniversary of the Inflation Reduction Act and exploring federal programs that support innovation.
Bloomberg Law | July 20, 2023 — CEBN President Lynn Abramson was quoted by Bloomberg Law on the challenges that small businesses face in navigating government programs and the importance of addressing information gaps.
CEBN provides a summary of key details from the IRS updated guidance on eligibility requirements for energy communities for the bonus credit program under the Inflation Reduction Act.
CEBN provides a summary of key details of the new domestic content requirements for the IRA’s bonus tax credits and their significance towards boosting the American clean energy manufacturing industry.
Since 1954, the section 174 R&D tax deduction has enabled businesses conducting research and development to deduct these expenses in the year they are incurred. Unfortunately, this provision lapsed in 2022, significantly increasing the cost of performing R&D and receiving federal grants, such as SBIR/STTR. Many small businesses have been caught unprepared and face potential closure.
Lynn Abramson, President of the Clean Energy Business Network, issued a statement after Congress passed the Fiscal Responsibility Act of 2023.
The Clean Energy Business Network joined partners in urging Congressional leadership to protect the federal investments that have been made in clean energy, clean transportation, and energy efficiency through the Inflation Reduction Act (IRA).
The Business Council for Sustainable Energy and the Clean Energy Business Network sent a letter to Congressional leadership on Friday conveying strong support for the federal investments that have been made in clean energy, clean transportation, and energy efficiency through the Infrastructure Investment and Jobs Act and the Inflation Reduction Act.
Learn about labor and apprenticeship requirements for bonus tax credits for clean energy that are coming out of the Inflation Reduction Act.
In the spring of 2023, CEBN weighed in on the design of two newly-authorized programs to support clean energy innovation at the Department of Energy (DOE).
