Biden Administration Finalizes Rules to Boost Clean Energy Jobs and Union Labor

New IRS and Treasury regulations under the Inflation Reduction Act aim to enhance labor standards and apprenticeship opportunities in clean energy projects.

The finalized rules link clean energy tax credits to prevailing wage and apprenticeship requirements.
Developers must adhere to project labor agreements to qualify for increased subsidies.
The regulations are designed to create high-quality, well-paid jobs in the clean energy sector.
Critics argue the rules favor unionized labor and could increase project costs.
The Biden administration projects the act will create 1.5 million jobs over the next decade.