New green energy benefits for nonprofits in the Inflation Reduction Act
Passage of the 2022 Inflation Reduction Act created unprecedented opportunities and incentives for businesses, individuals, and institutions to invest in electrification, renewables, and efficiency measures—from electric vehicles to EV charging stations to solar PV and more. New with this legislation is the opportunity for nonprofit organizations to get a cash refund for the value of tax credits ordinarily out of their reach.
Looking ahead: beyond BERDO
Boston’s BERDO—the Building Energy Reduction and Disclosure Ordinance—was developed to help the city achieve its climate goals of all buildings reaching net zero emissions by 2050. Building owners need to reach significant reductions to meet five-year incremental goals or face fines.
But some building owners are finding BERDO requirements challenging to meet from a financial standpoint. How will building owners plan for updated standards as they become more stringent down the road? What is the best way to deal with deferred maintenance? What financing opportunities are available? What are the additional benefits that can help justify first costs?
Ramping up sustainability in K12 schools
A recent study published in the Lancet from a survey of 10,000 young people (ages 16-25) in ten countries, including the U.S., showed high levels of climate anxiety among respondents. K12 schools are responding with more sustainability curriculum, greenhouse gas emissions and other sustainability inventories, climate action planning, and energy-efficiency measures. Watch this insightful discussion with sustainability representatives from three schools that have taken different steps toward sustainability and climate change mitigation efforts at their campuses and find out how they got started.