How to Make the Most of the New US Climate Tax Credits

The United States government just passed the Inflation Reduction Act, a sweeping piece of legislation that allocates nearly $400 billion dollars to fund clean energy and climate efforts. A big chunk of that amount is earmarked for tax credits for consumers. So if you want to install solar panels, buy better windows, purchase a heat pump, or start driving an electric vehicle, there’s a good chance you could get some money to offset the cost.

This week on Gadget Lab, WIRED writers Aarian Marshall and Matt Simon join us to talk about the ins and outs of the Inflation Reduction Act and how you can score some of those sweet, sweet tax credits. They also tell us what some of the changes mean for the automobile and construction industries.

Show Notes

Read Matt’s story about how the Inflation Reduction Act could save you money. Read Aarian’s story about how it will lead to more electric delivery vehicles. Here’s their story about where people in cities will charge their EVs. Follow all of WIRED’s climate coverage here.

Recommendations

Aarian recommends going to a baseball game, preferably on the days when dogs are allowed. Matt recommends the novel Children of Time by Adrian Tchaikovsky. Mike recommends playing Wordle, which is now (finally) in The New York Times’ mobile app. Lauren recommends NPR’s Life Kit podcast series about personal finance.

Aarian Marshall can be found on Twitter @aarianmarshall. Matt Simon is @mrmattsimon. Lauren Goode is @LaurenGoode. Michael Calore is @snackfight. Bling the main hotline at @GadgetLab. The show is produced by Boone Ashworth (@booneashworth). Our theme music is by Solar Keys.

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