Overview
- 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.