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ASKramer Law

Energy Tax Credits for a New World Part II: Production Tax Credits and Investment Tax Credits: The Old and the New

ASKramer Law on

What is a Production Tax Credit (PTC)? A Production Tax Credit (PTC) is a per kilowatt-hour (kWh) tax credit for electricity generated by solar and other qualifying clean technologies for the first 10 years of a system’s...more

ASKramer Law

Q&A with Andie: Energy Tax Credits For A New World - Part I: Overview of Energy Tax Credits under the IRA

ASKramer Law on

Signed into law on August 16, 2022, the Inflation Reduction Act (IRA) is the most significant long-term commitment made by the U.S. government to encourage and support a clean energy future. The IRA modifies and revises the...more

Baker Botts L.L.P.

P2N0 - Edition 14 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to the fourteenth edition of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy...more

Spilman Thomas & Battle, PLLC

Solar Powered Generation Sees Significant Growth while Some Solar Energy is Increasingly Blocked from Production

Our Currents’ focus article this month is on developments in the growth of solar electric power generation and obstacles to future growth that are occurring around the U.S. from environmental groups and other energy producers...more

Foley Hoag LLP - Energy & Climate Counsel

New York Releases Preliminary Outline of Cap-and-Invest Program

On December 20, 2023, the New York State Department of Environmental Conservation (DEC) and the New York State Energy Research and Development Authority (NYSERDA) released a pre-proposal outline of New York State’s...more

Allen Matkins

Renewable Energy Update 12.04.23

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The U.S. Department of Energy (DOE) is proposing to ease environmental reviews for certain energy storage, solar, and rebuilt or upgraded transmission projects on federal land. Those types of projects — given their limited...more

Allen Matkins

Renewable Energy Update 11.02.23

Allen Matkins on

President Joe Biden announced Monday a $1.3 billion federal investment to build three new interstate power lines in an effort to upgrade the nation’s outdated electric grid and transition to clean energy....more

Husch Blackwell LLP

Solar for All Grant Deadlines Approaching Fast

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Governments, tribes, and nonprofits wanting to improve solar energy infrastructure have a new tool in their toolkit. On June 28, 2023, the EPA published the Notice of Funding Opportunity (NOFO) for the Solar for All grant...more

Allen Matkins

Renewable Energy Update - 7.14.23

Allen Matkins on

Governor Gavin Newsom signed a package of bills on Monday aimed at streamlining the construction of solar and wind farms, reservoirs, bridges, railways, and other infrastructure projects in California....more

Faegre Drinker Biddle & Reath LLP

‘Solar for All’ Grant Competition

On June 28, 2023, the U.S. Environmental Protection Agency (EPA) launched a $7 billion grant competition to increase access for low-income households to solar energy. The “Solar for All” competition, created by the Inflation...more

Blank Rome LLP

Renewable Energy Tax Credits under the Inflation Reduction Act: Opportunities for Exempt Organizations

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The Inflation Reduction Act of 2022 (the “IRA” or “Act”) added and modified several renewable energy tax provisions under the Internal Revenue Code of 1986, as amended (the “IRC”).[1] These changes provide many opportunities...more

Gould + Ratner LLP

Updates to Chicago Energy Transformation Code Address Climate Change

Gould + Ratner LLP on

In an effort to remain one of the leading major U.S. cities in environmental conservation, the City of Chicago passed the 2022 Chicago Energy Transformation Code, which amends the previous 2019 code. The amended code expands...more

McDermott Will & Emery

Key Takeaways | Hospitals and Renewable Energy: New Financial Incentives and Opportunities in the Inflation Reduction Act

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During this webinar, Heather Cooper and Carl Fleming, partners in the McDermott’s energy & project finance group, teamed up with McDermott+Consulting’s Debra Curtis to break down the key opportunities and actionable steps...more

Mintz

Congress might make it easier for us to transition to renewable energy but the States say not so fast.

Mintz on

As the climate crisis continues, we're now on the verge of meeting our energy needs through a combination of water, wind, and sun generated electricity. Sadly many Federal and State permits are needed to get that cleaner...more

Miles & Stockbridge P.C.

The District Takes Significant Steps Toward Reducing Greenhouse Gas Emissions

District of Columbia Mayor Muriel Bowser signed two significant pieces of legislation recently to build on the success of the Clean Energy DC Omnibus Act of 2018 and to further help transition the District to a new energy...more

Allen Matkins

Renewable Energy Update - September 2022

Allen Matkins on

U.S. homeowners add rooftop solar at record pace to cut power bills Bullet The Orange County Register – August 29 U.S. households will install a record amount of solar this year to help slash electricity bills, according to a...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — September 2022

Inflation Reduction Act Is Now Law – Rollout Begins - Following months of intense closed-door negotiations, Democrats successfully advanced significant portions of their energy and climate agenda with the passage and...more

Womble Bond Dickinson

Landmark Federal Clean Energy/Climate Change Package Creates Wealth of Opportunities for Investors, Producers (UPDATED)

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​​​​​​​On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022, paving the way for the largest investment in clean energy development and climate change mitigation in U.S. history. The Act will provide...more

Venable LLP

Inflation Reduction Act: What You Need to Know

Venable LLP on

​​​​​​​On August 16, President Biden signed into law the much-anticipated Inflation Reduction Act. The Act includes numerous clean energy, decarbonization, and climate-related provisions. ...more

K&L Gates LLP

HUB Talks: Sustainable Outlook: The U.S. Tax Credit Revolution

K&L Gates LLP on

In a special episode, Elizabeth Crouse, tax lawyer and practice group coordinator of the K&L Gates Power group, discusses the winners, losers, and many other highlights of the new U.S. federal income tax credit rules just...more

Morgan Lewis

Inflation Reduction Act of 2022 Boosts Nuclear Power with Tax Credits and Funding

Morgan Lewis on

The Inflation Reduction Act of 2022 reflects a significant step toward meeting the United States’ greenhouse gas emission reduction targets from the Paris Convention and recognizes the indispensable role that nuclear power...more

Eversheds Sutherland (US) LLP

Inflation Reduction Act of 2022 - Signed into law: A summary of the energy tax provisions

​​​​​​​The Inflation Reduction Act of 2022 (the Act) was signed into law on August 16, 2022, and includes about $370 billon for American energy security and climate change. Those changes include very substantial extensions,...more

Beveridge & Diamond PC

Inflation Reduction Act Signed Into Law, Committing $370 Billion to Action on Climate and Energy

Beveridge & Diamond PC on

On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) into law. The IRA includes a host of programs aimed at addressing climate change and energy production. These include, for example, major new or...more

Allen Matkins

Renewable Energy Update - August 2022 #2

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Historic climate bill faces state schism on clean energy Bullet E&E News – August 8 The suite of tax incentives in the $369 billion “Inflation Reduction Act” could spur record-setting growth in wind and solar capacity if...more

Parker Poe Adams & Bernstein LLP

Key Details in the U.S. Senate's Climate, Tax, and Health Care Legislation

​​​​​​​Following 15 hours of debate and votes, the U.S. Senate passed legislation this weekend tackling inflation, climate change, and health care. The Senate approved the Inflation Reduction Act on a 51-50 party-line vote,...more

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