The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022. Among the provisions included in this bill is the expansion of the Section 179D tax deduction for building energy efficiency. Thousands of commercial building owners have utilized the 179D tax deduction since its inception in 2005, and this expansion potentially allows for many more to not only utilize the deduction but also claim larger amounts than previously available.
Energy + Environment
Energy + Environment, Legislation + Regulation
US DOE Releases Industrial Sector Decarbonization Agenda
The U.S. Department of Energy (DOE) released its “Industrial Decarbonization Roadmap” a comprehensive report identifying four key pathways to reduce industrial emissions in American manufacturing, on September 7, 2022.
Energy + Environment, Lighting Industry
As Chinese Heatwave Eases, Power Restrictions On Factories Are Lifted
The southwestern Chinese province of Sichuan downgraded emergency energy supply measures last week, restoring power to some factories after weeks of rolling blackouts due to a heatwave-driven shortage.
Codes + Standards, Energy + Environment
The Circular Economy Applied To Emergency Lighting
A British emergency lighting manufacturer, Mackwell, shared the following information with LightNOW on how the emergency lighting industry in England is contributing to the evolving circular economy.
Construction + Economy, Energy + Environment
Clean Energy Technologies Expected To Create Copper Shortages
Recent climate action is going to increase clean energy technology deployment that will significantly increase copper demand.
Energy + Environment, Legislation + Regulation
What The IRA / Climate Law Can Mean For The Green Building Industry
Last week, President Biden signed the $750 Billion Inflation Reduction Act (IRA). The new law addresses inflation, climate, energy, prescription drug policy, and corporate tax changes. Roughly $370 Billion are focused on combatting climate change, including energy generation and transmission, manufacturing, transportation, agriculture, and environmental justice.
Energy + Environment, Legislation + Regulation
Ready Or Not, Here Comes Climate Action
Significant climate action legislation is occurring at the US Federal level, as well as in Massachusetts and Maryland.
Energy + Environment, Lighting Industry
Will Biomimicry Impact The Lighting Industry?
A recent article in Buildings Magazine examines the application of Biomimicry to sustainable products and building interiors.
Energy + Environment, Legislation + Regulation
Could Sustainable Lighting Product Regulations Be Coming to North America?
Industry discussions about sustainable lighting are increasing, but what would sustainable product regulations look like? The European Union (EU) is far ahead of North America on sustainable product regulations, and a look at what the EU is doing gives one vision of where sustainable product regulations could go in North America.
Will Electric Vehicle Charging Change The Energy Efficiency Game?
Disruptive lighting technology consultant Peter Brown, recently wrote an interesting article in US Lighting Trends, about the potential of EV chargers to change the energy efficient buildings industry.
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