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Pillsbury Winthrop Shaw Pittman LLP

Treasury Department Announces Process and Timetable to Allocate $6 Billion in Qualifying Advanced Energy Project Credits

The application cycle for Treasury to award this round of credits will soon open, providing applicants an opportunity to receive significant funding for clean energy, industrial decarbonization and critical materials...more

Husch Blackwell LLP

Green Hydrogen Development and Site Control

Husch Blackwell LLP on

On April 30, 2024, the Department of the Treasury issued final regulations on tax credit transfers that allow hydrogen producers to sell tax credits earned under § 45V of the Inflation Reduction Act (IRA). Section 6418 of the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: V 7, Issue 11, November 2023

Pennsylvania and RGGI – Decision and Resolution - On November 1, 2023, the Commonwealth Court of Pennsylvania, in a five-judge panel decision, issued a long-awaited ruling denying the authority of the executive branch,...more

Pillsbury Winthrop Shaw Pittman LLP

Treasury Department Announces Additional Guidance and Timetable to Allocate $4 Billion in Qualifying Advanced Energy Project...

The application cycle for the first round of credits will soon open. Treasury’s additional guidance clarifies what types of facilities may qualify for credits, the submission process and the selection criteria for evaluating...more

Blank Rome LLP

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

Blank Rome LLP on

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

Allen Matkins

Renewable Energy Update - 2.16.23 - #3

Allen Matkins on

The Biden administration on Tuesday outlined how states and nonprofit groups can apply for $27 billion in funding from a “green bank” that will provide low-cost financing for projects intended to cut planet-warming greenhouse...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

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)

Womble Bond Dickinson on

​​​​​​​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

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

Mitchell, Williams, Selig, Gates & Woodyard,...

Inflation Reduction Act of 2022: Energy/Climate Provisions

United States Senate negotiators reached an agreement on July 27th on the Inflation Reduction Act of 2022 (“IRA”). The 725-page bill would use fiscal year 2021 reconciliation instructions to raise revenue in order to fund...more

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - July 2022 #4

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Updates — July 2022

Democrats Continue Push for Revised Build Back Better Act - With the window for action on a revised reconciliation bill to address Democratic climate and social policy goals quickly closing, Senate Majority Leader Charles...more

Allen Matkins

Renewable Energy Update - November 2021 #3

Allen Matkins on

Biden's Build Back Better plan passes House of Representatives as Senate battle looms - PV-Tech – November 22 - The U.S. House of Representatives has passed President Joe Biden's Build Back Better act, which now moves...more

Quarles & Brady LLP

Illinois Regulators Take First Steps to Implement Illinois’ Recently-Enacted, Wide-Ranging Energy Legislation

Quarles & Brady LLP on

This is the second in a series of Quarles & Brady client alerts concerning the approximately 1,000-page Illinois omnibus energy legislation commonly referred to as The Climate and Equitable Jobs Act (CEJA). ...more

Stoel Rives - Renewable + Law

California Public Utilities Commission Ruling Seeks Comments on Preferred System Plan for 2022-2032

In docket R.20-05-003, its Integrated Resource Planning (IRP) proceeding, the California Public Utilities Commission is considering its preferred portfolio of new resources for the next ten years.  A lengthy administrative...more

Allen Matkins

Renewable Energy Update - July 2021

Allen Matkins on

IRS extends safe harbor provisions for renewable energy projects impacted by COVID-19 - Renewables Now – June 30 - The Internal Revenue Service (IRS) has granted extra time to renewable energy projects impacted by the...more

Hogan Lovells

Advanced Nuclear Energy can Support a Just Transition for Communities that were Reliant on Coal

Hogan Lovells on

The White House demonstrates its continued support for fossil fuel communities during the  current clean energy transition by standing up the Interagency Working Group on Coal and Power Plant Communicatees and Economic...more

Woods Rogers

Virginia Clean Economy Act Update

Woods Rogers on

During its 2020 Session, the General Assembly passed and Governor Northam signed into law HB 1526/SB 851, the Virginia Clean Economy Act (VCEA or Act). The VCEA codified the clean energy directives included in Executive Order...more

Gray Reed

Climate Change 101 for Landmen and Lawyers: Uninhabitable Earth or False Alarm? (Part 3)

Gray Reed on

This is a continuation of a five part series reviewing False Alarm: How Climate Panic Costs us Trillions, Hurts the Poor, and Fails to Fix the Planet by Bjorn Lomborg. ...more

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