Energy And Environment Update -- December 2, 2012


In This Issue:

Energy and Climate Debate; Congress; Administration; Department of Agriculture; Department of Commerce; Department of Defense; Department of Energy; Department of Interior; Department of Justice; Environmental Protection Agency; Federal Energy Regulatory Commission; Federal Trade Commission; General Accountability Office; Nuclear Regulatory Commission; International; States; and Miscellaneous.

Excerpt from Energy and Climate Debate -

With the lame duck session in full swing, fiscal cliff negotiations are ongoing, but slow moving, and energy issues are stuck in the middle of the fight.

Though many are hopeful that the expiring wind production tax credit will be extended, Senator Chuck Grassley (R-IA) said November 28 that the fight now has more to do with saving the credit than with which version of the extension should prevail. Multiple versions of an extension are pending in Congress. Senator Grassley has proposed a stand-alone measure, the American Energy and Job Promotion Act (S. 2201), to extend the program for two years, while the Senate Finance Committee approved in August a tax extension measure, the Family and Business Tax Cut Certainty Act (S. 3521) to extend and expand the program. Legislation extending the credit has also been introduced in the House, but has not advanced.

Please see full issue below 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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