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8 - Green Mehrwert and Decarbonization

from Part III - Political Economy

Published online by Cambridge University Press:  17 April 2025

Ross Astoria
Ross Astoria
Affiliation:
University of Wisconsin at Parkside
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Summary

This chapter provides a political economy interpretation of the Inflation Reduction Act: Its spending aims to recode the circuits of capital accumulation along the decarbonization imperative and institute a regime of green accumulation. It presents the clean energy tax credits, the home tax credits, the manufacturing tax credits, and the Greenhouse Gas Reduction Fund as elements of this attempted reconfiguration.

Keywords

clean energy tax creditsGreenhouse Gas Reduction Fundgreen bankmanufacturing loan guaranteesmonetization of tax credits
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Chapter
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How to Decarbonize
Policy and Social Theory
 , pp. 145 - 166
Publisher: Cambridge University Press
Print publication year: 2025

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