In this episode, CEO Alfred Johnson of Crux Climate explains how IRA making clean-energy tax credits transferable has created a market that is already providing billions in new clean-energy investment.
I have a question for Alfred, if he's up for answering it.
"But individuals and S corporations can participate, assuming that they have a certain kind of tax liability, really passive tax liability."
Is this because passive liability is a kind of tax liability Crux Climate sees market demand for? If so, could an investment fund taxed as a partnership aggregate demand from multiple individuals who might want to buy transferable credits, but whose income/net worth is too small to warrant a family office?
I have a question for Alfred, if he's up for answering it.
"But individuals and S corporations can participate, assuming that they have a certain kind of tax liability, really passive tax liability."
Is this because passive liability is a kind of tax liability Crux Climate sees market demand for? If so, could an investment fund taxed as a partnership aggregate demand from multiple individuals who might want to buy transferable credits, but whose income/net worth is too small to warrant a family office?