Energy and Clean Tech Connections - March 2009

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Introduction

This month, Mintz Levin is pleased to unveil a newly reorganized Energy and Clean Tech Connections designed to help our clients and friends better understand the rapidly changing incentives landscape. We created a new section to highlight Privately Sourced Financial Grants‚ and expanded our coverage of Government Financial Assistance to include Tax Incentives and Rebates in addition to Grants. The Federal and State Happenings section has also been refocused to hone in on state and federal government affairs, recent and upcoming legislation, and newly created financial incentives.

In federal news, two important regulatory proposals were put on the table this month. First, the EPA announced a proposal to create a “comprehensive national system” for greenhouse gas emissions reporting, which would lay a foundation for the creation of a cap-and-trade system for carbon emissions. In addition, Senate Majority Leader Harry Reid introduced legislation that would increase federal power over electric transmission lines, allowing the federal government to speed the siting of transmission lines carrying renewable energy from rural areas to population centers. For more information, see the Federal and State Happenings section.

Mintz Levin would like to congratulate our client FourFold Design, which recently launched its sustainable architecture and interior design services. In addition, we are pleased to announce that Travis Blais, a tax attorney in Mintz Levin’s Energy and Clean Technology practice group, was quoted in an article in the BNA Daily Tax Report that highlights differences in the ways the stimulus plan will benefit different green energy manufacturers.

We hope that you enjoy this month’s edition of the newsletter.

Please see full newsletter for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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