Physical Infrastructure Tax Proposal Aims To Advance Energy Efficiency, With A Potential Catch

Recently Sen. Ron Wyden (D-Oregon), chairman of the Senate Finance Committee, reintroduced the Clean Energy for America Act (CEAA). Of interest to those in the energy efficiency community — ranging from commercial real estate to tax, architecture, engineering and construction — the legislation proposes to continue to build on the tax code’s energy-efficiency provisions, recognizing the critical need to focus on both energy demand and supply in addressing the climate and carbon emissions reduction.

In April, I wrote an article about the Consolidated Appropriations Act, 2021 and its potential effects on the Section 179D energy-efficiency deduction for commercial buildings.