News & Analysis as of

Tax Incentives Solar Energy Wind Power

ASKramer Law

Energy Tax Credits For A New World Part III: Overview of Bonus Credits

ASKramer Law on

Why did the Inflation Reduction Act (IRA) reduce the base amounts of the energy tax credits? The IRA reduced base credit amounts from their pre-IRA levels to encourage energy projects to meet Congressional policy objectives....more

Flaster Greenberg PC

Airport Electrification – Latest IRS Guidance

Flaster Greenberg PC on

The Department of the Treasury and Internal Revenue Service continue to issue guidance regarding the Inflation Reduction Act of 2022 (IRA), which modified and extended the clean energy investment tax credit (ITC) under...more

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

Clean Energy Tax Incentives/Inflation Reduction Act: Environmental Organizations Submit Comments to the Internal Revenue Service

The Natural Resources Defense Council and 25 other environmental and climate advocacy organizations (collectively, “NRDC”) submitted November 4th comments to the United States Department of Treasury’s Internal Revenue Service...more

Sheppard Mullin Richter & Hampton LLP

Tax Law Changes in the Inflation Reduction Act of 2022 (H.R. 5376)

On August 7, 2022, the Senate passed the Inflation Reduction Act of 2022 (H.R. 5376) (the “Reconciliation Bill”) on a party line vote with the deciding vote cast by the Vice President. The Senate’s passage of the...more

Latham & Watkins LLP

Key Senators Agree to Significantly Expand Tax Incentives for Clean Energy

Latham & Watkins LLP on

The Inflation Reduction Act, which includes the most dramatic expansion of clean energy tax credits in recent history, would provide a multi-year extension of existing tax credits for wind and solar, increase tax credits for...more

Opportune LLP

Navigating The Energy Transition: Oil & Gas Industry’s Long Road Ahead

Opportune LLP on

Find out why upstream oil and gas companies are playing the long game on the path towards an energy transition....more

Latham & Watkins LLP

Energy & Infrastructure: Renewables Driving Change in the Investment Landscape

Latham & Watkins LLP on

Macro market shifts as part of the energy transition are spurring investors, sponsors, and even traditional oil and gas producers to move in new directions. There is an increase in wind and solar projects being funded, with...more

Orrick, Herrington & Sutcliffe LLP

Financial Incentives for Carbon Capture, Use and Sequestration – The Updated Section 45Q Program

While the fossil fuel industry continues to enjoy a number of tax incentives, a new generation of tax incentives were enacted in the early 2000s to promote the use of renewable energy. These include the expansion of the...more

Allen Matkins

Renewable Energy Update - July 2020

Allen Matkins on

House Democrats pass major clean energy bill as Senate GOP mulls timeline for economic stimulus - Bullet Utility Dive – July 2 - The House this Wednesday passed a $1.5 trillion green recovery package, the Moving Forward...more

Robinson & Cole LLP

Green Tax Incentive Compendium - January 2019

Robinson & Cole LLP on

This volume presents certain federal and state ta incentives promoting the renewable energy and energy efficiency industries. Each section outlines the basi features and regulatory requirements for a tax program which...more

Dickinson Wright

Exempt Now and Forever More? Not So, Taxpayer

Dickinson Wright on

Like many states, Florida has enacted a renewable energy device exemption legislation that is intended to incentivize construction of residential, building and utility size solar and wind farms....more

Robinson & Cole LLP

Green Tax Incentive Compendium - July 2017

Robinson & Cole LLP on

Federal Tax Incentives for Renewable Energy and Energy Efficiency - Federal business income tax credit for renewable electricity production - A. GENERAL DESCRIPTION. The Federal Internal Revenue Code provides a business...more

Robinson & Cole LLP

Green Tax Incentive Compendium - January 2017

Robinson & Cole LLP on

A. GENERAL DESCRIPTION. The Federal Internal Revenue Code provides a business income tax credit in the amount of $0.023 (2015) per kilowatt hour of electricity produced from qualifying renewable resources during a ten-year...more

Robinson & Cole LLP

Green Tax Incentive Compendium - July 2016

Robinson & Cole LLP on

Federal Tax Incentives for Renewable Energy and Energy Efficiency - A. GENERAL DESCRIPTION. The Federal Internal Revenue Code provides a business income tax credit in the amount of $0.023 (2015) per kilowatt hour of...more

Allen Matkins

Renewable Energy Update -- May 2014 #2

Allen Matkins on

Renewable Energy Focus - White House announces new action on solar energy: TIME - May 9 - The White House is announcing executive actions to advance clean energy on Friday, including $2 billion worth of upgrades to...more

Akin Gump Strauss Hauer & Feld LLP

Baucus Post-2016 Proposal: No Change to PTC & ITC Reduced to 20 Percent

Today, the chairman of the Senate Finance Committee, Max Baucus (D-MT), released his proposal for energy tax incentives as part of overall tax reform. The proposal is thoughtful and merits serious consideration by the...more

Allen Matkins

Renewable Energy Update -- June 4, 2013

Allen Matkins on

Renewable Energy Focus - Terra-Gen receives approval for wind farm in wake of condor decision -- LA Times - Science News - May 24: On Friday, the U.S. Bureau of Land Management, with approval from the Fish and Wildlife...more

King & Spalding

Tax Reform and the Oil and Gas Industry by Michael A. Andrews

King & Spalding on

A great deal of attention been focused on the generous tax incentives for the renewable energy industry that were added to the "fiscal cliff " legislation during the closing hours of negotiations. Those provisions have a net...more

18 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide