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Environmental Protection Agency (EPA) Tax Credits

Jones Day

The Climate Report | Third Quarter 2024

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REGULATORY ISSUES & UPDATES - Update on Australia's New Climate-Related Financial Disclosure Regime - Australia's mandatory climate-related financial disclosure regime is inching closer to implementation after the...more

K&L Gates LLP

Carbon Quarterly – Volume 9

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Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

Eversheds Sutherland (US) LLP

IRS releases Notice 2024-60 outlining procedures for submission of greenhouse gas lifecycle analysis report in support of Section...

On July 24, 2024, the IRS issued Notice 2024-60, which sets forth the procedures for taxpayers to follow when claiming Section 45Q credits based on the “utilization” of carbon oxide. Taxpayers claiming credits based on...more

Jones Day

The Climate Report | Second Quarter 2024

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REGULATORY ISSUES & UPDATES - Recent Evolution of the European Regulatory Framework on Greenwashing - Two new Directives adopted by the EU in 2024—the "Empowering Consumers Directive" and the "Green Claims...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — June 2024

“Home Energy Rebates” program, which made available $8.8 billion in funds to help reduce US households’ energy bills. Separated into two rebate programs – the HOMES Rebate Program and the HEEHRA Rebate Program – Home Energy...more

Faegre Drinker Biddle & Reath LLP

IRS Allows DOE’s Modified GREET Model and USDA’s Climate Smart Agriculture Program for Sustainable Aviation Fuel Tax Credit

On April 30, 2024, the Department of Treasury and IRS issued new SAF tax credit guidance created by the Inflation Reduction Act (IRA). This guidance was developed in consultation with the Environmental Protection Agency...more

Foley & Lardner LLP

Foley Automotive Update - April 2024 - 2

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This update helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - Recent pricing disputes with suppliers have resulted in production...more

Latham & Watkins LLP

EPA Grants Louisiana Class VI Primacy

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EPA’s transfer of primary enforcement authority to states for carbon capture and storage projects may decrease permitting delays but raise legal questions. Louisiana has become the third state in the United States to...more

Holland & Knight LLP

Breaking Down the Section 45V Clean Hydrogen PTC Proposed Regulations

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The U.S. Department of the Treasury and the IRS on Dec. 22, 2023, released proposed regulations regarding the production tax credit (PTC) for hydrogen under Section 45V of the Internal Revenue Code, as enacted by the...more

Holland & Knight LLP

IRS, Treasury Department Release New Section 40B Sustainable Aviation Fuel Credit Guidance

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The IRS and U.S. Department of the Treasury released on Dec. 15, 2023, Notice 2024-06 regarding Section 40B of the Internal Revenue Code. Effective for fuel mixtures sold or used after Dec. 31, 2022, and before Jan. 1, 2025,...more

Kohrman Jackson & Krantz LLP

Federal Brownfields Incentives Program’s Triumphant Return

On November 16, 2023, Congressman Mike Turner (R-OH-10) and Mikie Sherill (D-NJ-11) reintroduced the bipartisan Brownfields Redevelopment Tax Incentive Reauthorization Act (H.R. 6438) (BRTIRA). BRTIRA is designed to provide...more

Hogan Lovells

Carbon Capture, Delays at EPA and 45Q tax credits post-Inflation Reduction Act

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Nearly 15 years out from the original enactment of the 45Q tax credit, and a year after the significant expansion of the credit included in the Inflation Reduction Act (“IRA”), we are seeing the expanded 45Q finally starting...more

King & Spalding

Field Guide to Clean Hydrogen

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Hydrogen is a key ingredient in any country’s future energy plans. In the United States, the hydrogen sector is on the launch pad, ready for lift-off. However, its trajectory hinges on a critical question: what criteria...more

Bricker Graydon LLP

Inflation Reduction Act: Federal Incentives for Public Entities for Clean Energy Improvements

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By now, you are likely aware that the federal government is making the largest investment in climate and energy improvements in American history, known as the Inflation Reduction Act (IRA). The IRA allocates funding to...more

Foley & Lardner LLP

Successfully Navigating EV Product Roll-Outs: Manufacturers Balance Innovation and Legacy Needs

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Automotive OEMs, suppliers, startups and other participants in the automotive ecosystem have a great deal to do in 2023 as manufacturers begin to move to diversify historical internal combustion engine (ICE) vehicle product...more

Vinson & Elkins LLP

Unlocking the Opportunity of Low-Carbon Hydrogen: Investment, Incentives, and Collaboration

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Hydrogen can play a vital role in the transition to a carbon-neutral economy, and momentum for it has never been stronger. Both governments and companies see the enormous potential of low-carbon hydrogen for storing energy,...more

Foley Hoag LLP - Energy & Climate Counsel

Tackling the Cost of Clean Hydrogen under the Bipartisan Infrastructure Law and the Inflation Reduction Act

[This is the third post in our Hydrogen Blog Series. Read the first post here and the second post here] One of the biggest hurdles for clean hydrogen is high costs.  The Department of Energy graph below says it all.  Today, a...more

Holland & Knight LLP

Inflation Reduction Act Offers a Variety of Green Building Tax Incentives

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The IRS is currently in the process of implementing the Inflation Reduction Act of 2022 (IRA), which addresses energy, tax and health policy. According to the U.S. Environmental Protection Agency (EPA), "The Inflation...more

Cozen O'Connor

Cozen Currents: Biden Needs to Draw a Crowd

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The Cozen Lens- To achieve his goals of boosting clean energy and reinvigorating domestic manufacturing, President Biden aims to leverage funding from the private sector to implement his three major legislative achievements:...more

Vinson & Elkins LLP

Elevating EJ: How EPA’s New Environmental Justice Office Raises the Stakes for EJ Enforcement and IRA Funding Opportunities

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The Environmental Protection Agency (“EPA”) has launched a new national office tasked with enforcing EPA-related civil rights laws in disadvantaged communities and overseeing billions of dollars earmarked for environmental...more

Husch Blackwell LLP

Energy Tax Provisions in the Inflation Reduction Act of 2022 Audience Questions

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On August 25, 2022, Husch Blackwell’s Energy team kicked off the first of a series of webinars focusing on the Inflation Reduction Act of 2022. Attendees were able to submit their most-pressing questions related to changes in...more

Williams Mullen

Summary of Key Renewable Energy Provisions in the Inflation Reduction Act of 2022

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​​​​​​​On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (Act) into law. The Act broadly addresses climate change, taxes, health care and inflation....more

Wilson Sonsini Goodrich & Rosati

Clean Energy & Climate Solutions Federal Funding Database

Current List of Funding Opportunities - Wilson Sonsini's Energy and Climate Solutions group is pleased to provide our Clean Energy & Climate Solutions Federal Funding Database. As a new electronic platform, the database will...more

Wilson Sonsini Goodrich & Rosati

Federal Funding Opportunities for Scaling Climate Solutions

For decades, clean energy and climate innovation and deployment have relied on, and been accelerated by, the U.S. Department of Energy (DOE) support through non-dilutive loans, grants, and other financial awards, combined...more

Morgan Lewis - Power & Pipes

President Biden Reiterates Commitment to Deploying Electric Vehicles in Domestic Markets

US President Joseph Biden signed an executive order on August 5 that underscores his stated commitment to encourage the development and deployment of electric vehicles (EVs) as part of the Biden-Harris administration’s clean...more

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