Chirag Lala

Jul 16, 2024 | publicenterprise.org | Chirag Lala

Access our new Elective Pay Model here. Access the updated Elective Pay Model Report here. In September 2023, Center for Public Enterprise (CPE) published the first iteration of our Elective Pay Model. The model is a free tool that allows users to analyze project-level financial considerations for state, municipal, or nonprofit projects claiming elective pay on either the investment or production tax credits, as well as any associated bonuses.

May 13, 2024 | publicenterprise.org | Chirag Lala |Advait Arun |Yakov Feygin |Paul Williams

Download the memo and model RFI here. The Department of Energy’s Loan Programs Office (LPO) is one of the largest pots of climate funding in the federal government. The LPO functions as the DOE’s investment bank, offering loans and loan guarantees at concessionary rates to eligible project developers.

Apr 18, 2024 | publicenterprise.org | Chirag Lala |Ilmi Granoff

By Ilmi Granoff and Chirag LalaFor the first time in history, the United States is implementing a national green bank program: on April 4, 2024, the Biden-Harris Administration announced the recipients of $20 billion in grant money from the Greenhouse Gas Reduction Fund (GGRF) out of a total $27 billion. There has been over a decade of advocacy by the Coalition for Green Capital and others for green banks, alongside proposals for even more comprehensive and public development banking options.

Apr 12, 2024 | publicenterprise.org | Chirag Lala

Read CPE Director of Energy Chirag Lala’s latest working paper, published by the Economic Democracy Initiative, in full here. Abstract: The Inflation Reduction Act (IRA) is criticized for "derisking" private investment by increasing the gains to private firms. The derisking critique argues that the IRA insufficiently disciplines private firms; it does not utilize legal or financial penalties which would force firms to undertake green investment and bar emissions-intensive investment.

Mar 1, 2024 | publicenterprise.org | Chirag Lala

The Center for Public Enterprise (CPE) submitted comments on domestic content rules as they relate to the elective pay provisions under § 6417 of the Inflation Reduction Act (IRA). You can read those comments in full here.