- Congressional Democrats and the White House administration succeeded in passing a law this year that provides sky’s-the-limit funding incentives to clean energy efforts
- While the law appears to be ensured a long and healthy life, there are still hurdles to its implementation in the form of difficulties keeping pace with infrastructure and navigating the funding eligibility process
- Louisiana-based Correlate Infrastructure Partners Inc. (CIPI) is a company focused on helping companies implement climate-friendly changes through effective upgrades in utilities usage and adoption of alternative energy infrastructure
- CIPI also helps clients identify funding opportunities and how to put them to use
- Under the new law, the government has no funding or budget cap for providing incentives to green energy adoption, removing a financial obstacle for companies on the fence over utilities transition
When the Inflation Reduction Act passed through Congress and obtained the president’s signature in August, it ushered in a new era of investment into addressing climate change with unprecedented support for renewable energy.
The law established funding for affordable healthcare, prescription drug price reduction, taxation reform, and deficit reduction, but notably for energy concerns it provides financial incentives for…
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI
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