The market for clean energy tax credits is booming. Supply and demand have skyrocketed since the Tax and Climate Act of 2022 created new credits and allowed energy developers to easily sell those credits to investors.

_{Hear Here and subscribe Talking about taxes To Apple Podcasts, Spotify, megaphoneor Audible.}

A semi-annual report from energy tax marketplace Crux forecasts that energy tax credit transfers could total $20 billion to $25 billion this year, while financial services firm Evercore ISI estimates that over $100 billion in transferable credits will be generated annually by 2030.

However, risks remain related to certain energy tax credits for which Treasury has not yet finalized regulations, and 2025 will bring further changes, including the introduction of so-called “technology-neutral” credits that are not tied to a specific technology.

In this episode of Talking Tax, Bloomberg tax reporter Caleb Harshberger talks with Crux CEO Alfred Johnson and Hannah Hawkins, principal at KPMG, about how the new market for these loans is evolving and what uncertainties remain.

Do you have feedback on this episode of Talking Tax? Call us and leave a voicemail at 703-341-3690.