Sustainability Street: The Inflation Reduction Act and Commercial Real Estate

Concerned about making those costly energy retrofits? Experts from JLL discuss incentives and opportunities contained in the new law.

Josephine Tucker, managing director/head of Clean Energy & Infrastructure, JLL, and Mitch Worden, vice president, Clean Energy & Infrastructure, JLL

Commercial real estate has a large role to play in a clean energy future. The groundbreaking Inflation Reduction Act of 2022  provides numerous incentives and investment opportunities to encourage the industry to take action in their portfolios.

Welcome back to Sustainability Street our podcast on the intersection of commercial real estate and the world we live in. In this episode, host CPE Executive Editor Therese Fitzgerald digs into the new law with the help of Josephine Tucker, managing director/head of Clean Energy & Infrastructure, for JLL, and Mitch Worden, vice president, Clean Energy & Infrastructure, JLL.

green buildings

Gerd Altmann via Pixabay

Highlights:

  • What makes the IRA historic (2:16)
  • The law’s carrots vs. sticks approach (6:50)
  • Three “buckets” of real-estate specific benefits (9:17)
  • A complex transition to renewables (16:25)
  • Real estate and the EV charging challenge (19:58)
  • The IRA and investment opportunities (24:28)

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