Dan Cook

speaker
357 appearances 1 recordings 1 series first heard Jun 2026 last heard 9 Jun

Dan Cook’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.

Appearances

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somewhat of a legacy product or a legacy incentive that's changed over time.
When I started in the industry, for example, the tax credits were stepping down and people were discussing strategically how to safe harbor equipment, how to maintain higher tax credits.
That was in a world when tax credits were stepping down
4% to 8% per year and we're theoretically going to be fully phased out, I believe in maybe 2024, 2025.
Go back to 2022 in the Biden administration with the Inflation Reduction Act, that's when those tax credits got topped back up.
They extended the lead times into the 2030s.
And then, of course, go back to the one big beautiful bill act last year.
And that's where those tax credits have been abruptly taken away.
Not wholly, but there is now a huge impact on projects, on developers globally.
the safe harbor strategies are top of mind for everybody.
And, and this is, you know, including our projects as well.
There's a couple of ways you can safe harbor equipment, maintain that tax credit.
But I, I do think it sort of feels like this is the first time maybe the industry is looking to a post tax credit world in and of itself.
And, and,
There's pros and cons to that.
I think I'm of the mind that we should get used to it sooner rather than later and make sure we can get projects to pencil regardless.
And I think there are other parties that feel the same.
But the tax credits, they can get complex.
The investment structures, the way tax equity investment is historically deployed, the way that changed in 2022.
At the top line, what it is, there's really for renewables, there's two generation projects.
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