U.S. Treasury Secretary Janet Yellen met with 17 industry groups representing more than 1,000 firms in the clean energy supply chain, more than 2,000 utilities and more than 1 million American workers, a Treasury official said. The Treasury guidance will tell companies how they can take advantage of clean energy tax credits in the Inflation Reduction Act. The incentives are crucial for companies seeking to invest in solar and wind power, electric vehicles, clean energy manufacturing, and energy efficiency. The act extends 30% tax credits for wind, solar, and other renewable energy sources, and offers incentives for carbon capture and tax credits of up to $7,500 on zero-emission electric vehicles. The roundtable follows Treasury's issuance of six notices requesting public comments on topics such as tax credits for wind, solar and nuclear power, incentives for energy-efficient homes and clean vehicle credits.

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