The Sun Will Continue to Shine on Renewable Energy: A Surprise Ending to the Renewable Energy Tax Credits Debate

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Did you hear the collective sigh of relief from the renewable energy industry on October 3? On that day, the U.S. House of Representatives passed the Emergency Economic Stabilization Act of 2008, H.R. 1424, a/k/a the "bailout" bill, which the U.S. Senate had passed earlier in the week. While completely unrelated to the Act's primary objective of stabilizing the economic crisis from Wall Street, the final bill includes extensions of key tax provisions of great significance to renewable energy investors and producers.

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Published In: Business Organization Updates, Energy & Utilities Updates, Finance & Banking Updates

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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