News & Analysis as of

Carbon Capture and Sequestration Incentives

Holland & Knight LLP

Pennsylvania DEP Accepting Applications for $320M RISE PA Program

Holland & Knight LLP on

With a total funding of $396 million, the Reducing Industrial Sector Emissions in Pennsylvania (RISE PA) Program's goal is to significantly reduce greenhouse gas (GHG) emissions and co-pollutants from Pennsylvania's...more

BCLP

Beyond the £22BN Pledge: What the UK Needs to Do to Develop Its Carbon Capture, Usage and Storage Industry

BCLP on

Last week, the UK Government pledged £22 billion towards the development of the carbon capture, usage and storage (CCUS) industry in the UK. This is a significant step towards achieving net-zero emissions by 2050. ...more

Husch Blackwell LLP

A Guide to the Renewable Energy Provisions of the Inflation Reduction Act of 2022

Husch Blackwell LLP on

On August 16, 2022, President Joseph Biden signed into law the Inflation Reduction Act of 2022 in what many have called the largest investment in climate change countermeasures in U.S. history....more

ArentFox Schiff

New Incentives Under the 2022 Inflation Reduction Act to Jump Start Deployment of Carbon Sequestration and Expand Clean Fuel...

ArentFox Schiff on

This week, President Biden signed legislation designed to infuse billions of dollars into the economy to promote clean energy, manufacturing, and construction through a wide array of tax incentives and grants. ...more

White & Case LLP

Biden Administration Announces New Initiatives to Incentivize Clean Manufacturing

White & Case LLP on

On February 15, the White House announced initiatives focused on a "cleaner" industrial sector in the United States. A fact sheet detailing the announcement highlights federal agency actions relating to what the White House...more

BakerHostetler

Monetizing the Section 45Q Tax Credit: The Key to Carbon Sequestration

BakerHostetler on

If there is to be rapid progress in limiting the increase of carbon dioxide (CO2) in the atmosphere, it will depend substantially on federal tax credits and state incentives for carbon capture and storage. For now, carbon...more

BakerHostetler

IRS Releases New Guidance on Credits for Sequestration of Carbon

BakerHostetler on

If there is to be rapid progress in limiting the increase of carbon dioxide (CO2) in the atmosphere, it will depend substantially on federal tax credits and state incentives for carbon capture and storage. For now, carbon...more

Vinson & Elkins LLP

The Transition To Renewable Energy Will Fuel New Disputes In The Energy Industry

Vinson & Elkins LLP on

Interest in renewable energy has risen sharply in recent years. More than ever, companies are investing in technology and businesses for solar, wind, hydrogen/carbon capture, and renewable fuels/biomass. Private equity...more

Pillsbury Winthrop Shaw Pittman LLP

The Evolution of UK CfDs for Low-Carbon Electricity

Anticipated updates have been announced to the UK incentive regime for low-carbon electricity generation through the release of a UK Government consultation response. The UK Government has published its response to the...more

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