Unlocking Clean Energy Projects Using Tax Chaining
Written by Tatjana Vujic, Tim Profeta, Clinton Britt, and Eric Fins
This report provides an overview of chaining, which, if allowed by the Internal Revenue Service, would make it possible to transfer certain tax credits to direct pay–eligible entities to access
capital for project development. The authors explain how chaining would work and why it's important for scaling clean energy and technology projects to a level that would allow the U.S. to meet climate targets. The IRS is receiving comment on chaining through December 1, 2024.