Ahead of the Congressional Budget Office releasing its cost estimate on the Build Back Better (BBB) Act, Adam Kobos, a partner in the tax practice of Troutman Pepper, joins NPM Managing Editor Jon Berke on the New Project Media Interconnections Podcast.
The two discuss how developers of solar, wind, and storage will benefit from extensions and expansions of the ITC and PTC tax credits in the revised framework for the BBB Act, the ramifications of including direct pay as an option over tax equity, and finally how carbon capture will play into this.
Adam also shares his thoughts on some immediate impacts of the already-passed federal infrastructure bill in the power sector.