IRA | Inflation Reduction Act
United States of America • USA

The Inflation Reduction Act (IRA), which was signed into law in August 2022, will cut Americans’ energy costs, create good jobs and transform U.S. efforts to address the climate crisis. It is the largest single step that Congress has ever taken to address climate change.

The Inflation Reduction Act, similarly to the the EU Green Deal Industrial Plan and EU NZIA - Net-Zero Industry Act, builds on the initial climate funding opportunities passed into law in the Infrastructure Investment and Jobs Act (IIJA) to support projects mainly across power infrastructure and climate resilience.

DEC, Dynamic Environmental Corporation, DEC IMPIANTI, DEC HOLDING, DEC SERVICE, DEC ENGINEERING, DEC AUTOMATION, DEC LAB, DEC ANALYTICS, Net-Zero Industry Act, NZIA, Net-zero technologies, Decarbonization, Solvent Recovery Units, SRUs, SRU, European Union, Climate change, Clean energy transition, Sustainability, pollution control, environmental protection, sustainable development, European Union, member states, operators, integrated permit, inspections, enforcement measures, public participation, VOC emission control, solvent recovery, VOC recovery, VOC abatement, VOC emission control technology, VOC abatement systems, air pollution control, solvent recovery systems, environmental compliance, VOC recovery system, solvent recovery unit, VOC recovery equipment, solvent recovery equipment, solvent recycling, VOC capture, solvent reclamation, solvent purification, VOC treatment, solvent regeneration, distillation, solvent distillation, VOC recovery process, activated carbon, adsorbent, nitrogen, oxidizer, thermal oxidation, regenerative thermal oxidizer, LEL monitoring, solvent recovery for flexible packaging, flexible packaging, converting, engineering, supply, turnkey, sustainable, innovation, decarbonization, low carbon emissions, carbon reduction, low carbon, GHG, carbon neutrality, net-zero emissions, greenhouse gas mitigation, carbon footprint, carbon capture and storage (CCS), energy efficiency, chemical recycling, recycling, sustainability solutions, sustainability, reclaiming, carbon offset, circular economy, climate change, climate policy, climate action, environmental challenges, sustainable development, sustainability roadmap

DEC • actively supporting US IRA | Inflation Reduction Act

One of the key provisions of IRA is the increase in the deduction for qualified equipment: this deduction allows businesses to deduct the full cost of "qualifying equipment" in the year it is placed in service, rather than depreciating it over a period of years, potentially providing a significant tax savings for businesses that invest in a SRU VOC emission control technologies. Furthermore the investment tax credit (ITC), a tax credit that businesses can claim for investing in certain types of equipment, has been specifically increased.

Despite the challenges, DEC will position itself as a leader in the field of decarbonization technologies and help the US achieve its climate goals.

DEC, Dynamic Environmental Corporation, DEC IMPIANTI, DEC HOLDING, DEC SERVICE, DEC ENGINEERING, DEC AUTOMATION, DEC LAB, DEC ANALYTICS, Net-Zero Industry Act, NZIA, Net-zero technologies, Decarbonization, Solvent Recovery Units, SRUs, SRU, European Union, Climate change, Clean energy transition, Sustainability, pollution control, environmental protection, sustainable development, European Union, member states, operators, integrated permit, inspections, enforcement measures, public participation, VOC emission control, solvent recovery, VOC recovery, VOC abatement, VOC emission control technology, VOC abatement systems, air pollution control, solvent recovery systems, environmental compliance, VOC recovery system, solvent recovery unit, VOC recovery equipment, solvent recovery equipment, solvent recycling, VOC capture, solvent reclamation, solvent purification, VOC treatment, solvent regeneration, distillation, solvent distillation, VOC recovery process, activated carbon, adsorbent, nitrogen, oxidizer, thermal oxidation, regenerative thermal oxidizer, LEL monitoring, solvent recovery for flexible packaging, flexible packaging, converting, engineering, supply, turnkey, sustainable, innovation, decarbonization, low carbon emissions, carbon reduction, low carbon, GHG, carbon neutrality, net-zero emissions, greenhouse gas mitigation, carbon footprint, carbon capture and storage (CCS), energy efficiency, chemical recycling, recycling, sustainability solutions, sustainability, reclaiming, carbon offset, circular economy, climate change, climate policy, climate action, environmental challenges, sustainable development, sustainability roadmap

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FORMIGONI, a family business - andrea formigoni, filippo formigoni, luciano formigoni, silvana giorgetti, angelo giorgetti, amalia sassi, angelica formigoni, tommaso formigoni