Every allowance that was offered in the auction was sold at a settlement price of $14.00 per allowance. The highest bid price was $50.01 with the mean bid price $16.67 and the median bid price $13.49. In total, the 2013...more
5/22/2013
- Auction Bids Cap-and-Trade
According to Tax Notes Today, the IRS discussed its plans to release guidance on applying the “begun construction” test for the production tax credit (“PTC”) at the American Bar Association Section of Taxation meeting in...more
1/30/2013
- Begun Construction Test Production Tax Credit
The United States Bankruptcy Court for the District of Montana in connection with In re Southern Montana Electric Generation and Transmission Cooperative, Inc. held that electricity was a “good” for purposes of section...more
1/14/2013
- Electricity Goods Proof of Claims UCC
More information about this later, but Congress has extended the Production Tax Credit (“PTC”) for wind as part of its agreement to avoid the fiscal cliff. The new sunset date for the PTC for wind is through December 31,...more
1/3/2013
- Fiscal Cliff Production Tax Credit Wind Power