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Energy Sector Consolidated Appropriations Act (CAA)

Vinson & Elkins LLP

Consolidated Appropriations Act Of 2021: Energy Financial Incentives

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President Biden has announced ambitious energy and environmental goals in an effort to combat the effects of climate change. Many of the president’s goals hinge on increasing support for alternative forms of energy...more

Vinson & Elkins LLP

Renewable Energy Under The Biden Administration And The Consolidated Appropriations Act Of 2021: Spurring Development

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The Biden administration has committed to supporting increased renewable power generating capacity, calling to decarbonize the national electric grid by 2035. President Biden has already begun taking steps to support this...more

WilmerHale

Funding Package Provides Opportunities for Clean Energy Industries

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On December 27, President Donald Trump signed a $1.4 trillion appropriations package funding the government through September 2021 and a $900 billion fiscal stimulus law for coronavirus aid. Media attention has focused on the...more

Beveridge & Diamond PC

Hitching a Ride on the Omnibus: COVID Relief and Appropriations Act Includes Major Climate Change and Energy Provisions

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On December 27, 2020, President Trump signed H.R. 133, the “Consolidated Appropriations Act, 2021,” an agglomeration of dozens of individual pieces of legislation which together total nearly 6,000 pages. While general press...more

Morgan Lewis

Congress Updates US Energy Policy, Incorporates Energy-Related Tax Provisions Through Consolidated Appropriations Act, 2021

Morgan Lewis on

The US Congress has adopted the first extensive update to US federal energy policies in over a decade in the Energy Act of 2020 (Energy Act), which President Donald Trump signed into law on December 27 as part of the...more

McGuireWoods LLP

IRS Provides Solar ITC Guidance on the Begin-Construction Requirement

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On June 22, the IRS issued Notice 2018-59, providing guidance to determine when construction has begun on energy facilities, for purposes of the Section 48 investment tax credit. The long-awaited guidance follows changes...more

Holland & Knight LLP

History Doesn't Bode Well For New Commercial Cargo Preference Bill

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Rep. John Garamendi (D-Calif.), joined by Reps. John Duncan (R-Tenn.) and Duncan Hunter (R-Calif.), recently introduced H.R. 1240, the Energizing American Maritime Act, described as a bill "to require a certain percentage of...more

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