A new tax credit is proposed to calculate a fuel’s emissions factor based on its full carbon life cycle of production.
Notices 2025-10 and 2025-11 (Notices), released on January 10, 2025, outline the intention of the...more
2/10/2025
/ Carbon Emissions ,
Clean Energy ,
Energy Projects ,
Fuel Standards ,
Greenhouse Gas Emissions ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Proposed Rules ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury
The US Department of Energy has committed $1 billion to support clean hydrogen offtakers to kickstart the hydrogen economy.
On July 5, 2023, the US Department of Energy (DOE) released a Notice of Intent (NOI) to invest up...more
Key Points -
..The draft Clean Hydrogen Production Standard (CHPS) proposes a lifecycle GHG emissions target of 4 kg CO2e per kilogram of hydrogen, which is in line with the clean hydrogen production tax credit in the...more
The Act promises to touch on almost every aspect of US climate policy.
On August 16, 2022, President Biden signed into law the Inflation Reduction Act (the Act), which expands clean and renewable energy production,...more
8/24/2022
/ Biden Administration ,
Carbon Capture and Sequestration ,
Clean Energy ,
Climate Change ,
Electric Vehicles ,
Energy Projects ,
Energy Tax Incentives ,
Environmental Justice ,
Environmental Protection Agency (EPA) ,
Environmental Social & Governance (ESG) ,
Forest Service ,
Green Banks ,
Greenhouse Gas Emissions ,
Inflation Reduction Act (IRA) ,
Mineral Leases ,
Offshore Lease ,
Oil & Gas ,
Renewable Energy ,
Renewable Energy Incentives ,
Reporting Requirements ,
Zero-Emission Vehicles
A controversial new law gives the California Energy Commission authority over clean energy projects and authorizes the Department of Water Resources to fund new energy sources and extend the life of existing power plants. ...more
7/11/2022
/ California Energy Commission ,
CEQA ,
Clean Energy ,
Department of Water Resources ,
Energy Projects ,
Energy Sector ,
Governor Newsom ,
Jurisdiction ,
Power Grid ,
Regulatory Authority ,
Renewable Energy ,
State Budgets ,
Transmission Grid ,
Tribal Lands
The US Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit.
Key Points:
..The IRS finalized the third set of rules in a series of regulatory guidance...more
1/22/2021
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Climate Change ,
Energy Projects ,
Energy Sector ,
Final Rules ,
IRS ,
Popular ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury
The Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit.
Key Points:
..These rules are the third in a series of regulatory guidance issued by the IRS...more
DRECP under review in an effort to alleviate burdens on energy development.
The Bureau of Land Management (BLM) recently issued a notice of intent to review the Desert Renewable Energy Conservation Plan (DRECP) for...more
Phase I of the Desert Renewable Energy Conservation Plan (DRECP) has now been approved, paving the way for streamlined permitting and environmental review of qualified renewable energy projects on Bureau of Land Management...more
President Obama recently announced that the Department of Energy (DOE) Loan Program Office (LPO) is expanding support for innovative “distributed energy projects” by adding $1 billion in available loan guarantees to support...more
Phase I of the Desert Renewable Energy Conservation Plan (“DRECP”) is underway on the 9.8 million acres of public land managed by the Bureau of Land Management (“BLM”). As discussed in our previous post, the four lead...more
On September 23, 2014, the California Energy Commission (“CEC”), California Department of Fish and Wildlife (“CDFW”), US Bureau of Land Management (“BLM”), and US Fish and Wildlife Service (“FWS”) released the Draft...more