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
8/1/2022
/ Carbon Capture and Sequestration ,
Clean Energy ,
Emerging Technology Companies ,
Energy Sector ,
Energy Tax Incentives ,
Investment Tax Credits ,
Pending Legislation ,
Production Tax Credit ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Tax Incentives ,
Wind Power
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
Notice 2021-05 gives renewable energy developers 10 years to complete projects located offshore or on federal land.
Key Points:
..Developers of offshore and federal land projects now have 10 years to complete their...more
Congress extends tax credits for certain renewables, and expands tax credits for offshore wind and waste energy recovery.
Key Points:
..Production tax credits for onshore and offshore wind projects are extended at a 60%...more
12/29/2020
/ Carbon Capture and Sequestration ,
Coronavirus/COVID-19 ,
Energy Projects ,
Energy Sector ,
Investment Tax Credits ,
Offshore Wind ,
Production Tax Credit ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Tax Relief