The final regulations retain the general framework of the proposed regulations, with some important modifications based upon comments from industry members.
The acquisition and retirement of energy attribute certificates...more
1/9/2025
/ Carbon Capture and Sequestration ,
Clean Energy ,
Department of Energy (DOE) ,
Environmental Protection Agency (EPA) ,
Final Rules ,
Greenhouse Gas Emissions ,
Internal Revenue Code (IRC) ,
IRS ,
Methane ,
Natural Gas ,
Nuclear Power ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury
In a potential blow to the fledging EV transition, reports have noted that the Trump transition team is planning to terminate the $7,500 consumer EV credit, an action publicly supported by Elon Musk....more
The application cycle for Treasury to award this round of credits will soon open, providing applicants an opportunity to receive significant funding for clean energy, industrial decarbonization and critical materials...more
5/6/2024
/ Clean Energy ,
Department of Energy (DOE) ,
Energy Sector ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Nuclear Power ,
Solar Energy ,
Tax Credits ,
U.S. Treasury ,
Wind Power
When it comes to renewable energy, hydrogen is hailed as a pivotal resource in the zero-carbon game plan. Hydrogen energy is accessible, produces lower greenhouse gas emissions and can use existing gas infrastructure to power...more
3/26/2024
/ Carbon Emissions ,
Clean Energy ,
Energy Projects ,
Energy Sector ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Infrastructure ,
Investment ,
Oil & Gas ,
Popular ,
Renewable Energy ,
Startups ,
Well Drilling
The rules impose standardized disclosure requirements on public companies beginning as early as 2026 (for fiscal year ending 2025, depending on filer status).
Climate-related disclosures, including in financial statement...more
3/15/2024
/ Annual Reports ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Final Rules ,
Financial Statements ,
Greenhouse Gas Emissions ,
Renewable Energy ,
Risk Management ,
Risk Mitigation ,
Securities and Exchange Commission (SEC) ,
Severe Weather ,
Transparency
The proposed regulations go beyond the use of the GREET model by requiring the use of “energy attribute certificates” (EACs) to prove eligibility for the credit under section 45V of the Internal Revenue Code (IRC). The use of...more
1/2/2024
/ Clean Energy ,
Department of Energy (DOE) ,
Energy Tax Incentives ,
European Commission ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
Proposed Regulation ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury ,
Zero Emission Credits
The application cycle for the first round of credits will soon open. Treasury’s additional guidance clarifies what types of facilities may qualify for credits, the submission process and the selection criteria for evaluating...more
6/21/2023
/ Clean Energy ,
Department of Energy (DOE) ,
Energy Projects ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
Investment ,
IRS ,
New Guidance ,
Nuclear Power ,
Personal Property ,
Popular ,
Risk Management ,
Solar Energy ,
U.S. Treasury ,
Wind Power
Concept papers are due on April 21, 2023, and full applications are due on August 4, 2023.
The Department of Energy will provide up to approximately 65 total awards, with up to $6 billion in total funding, for projects...more
3/14/2023
/ Carbon Capture and Sequestration ,
Clean Fuels Program (CFP) ,
Department of Energy (DOE) ,
Federal Funding ,
Funding Opportunities ,
Greenhouse Gas Emissions ,
Immigration Procedures ,
Inflation Reduction Act (IRA) ,
Manufacturers ,
Renewable Energy ,
Supply Chain
The U.S. Securities and Exchange Commission issued proposed rule amendments requiring climate disclosures by public companies.
The SEC’s new climate disclosure rule will require all companies to report Scope 1 and Scope 2...more
3/28/2022
/ Climate Change ,
Disclosure Requirements ,
Financial Statements ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Nuclear Power ,
Proposed Amendments ,
Publicly-Traded Companies ,
Renewable Energy ,
Securities and Exchange Commission (SEC) ,
Sustainable Finance ,
Task Force on Climate-related Financial Disclosures (TCFD)
The Department of Energy has released a Notice of Intent/Request for Information describing and soliciting feedback on its proposed plan for implementing the Bipartisan Infrastructure Law’s $6 billion Civil Nuclear Credit...more
On August 10, 2021, the U.S. Senate passed the Infrastructure Investment and Jobs Act (IIJA) by a bipartisan vote of 69–30. In addition to funding for roads and bridges, the $1.2 trillion infrastructure package establishes a...more
European Commission issues first Delegated Act in the much-debated Taxonomy, moving forward with a multi-step approach in determining which activities are classified as sustainable. Nuclear energy, natural gas and...more
4/23/2021
/ Construction Industry ,
Energy Sector ,
EU ,
European Commission ,
Greenhouse Gas Emissions ,
Manufacturers ,
Natural Gas ,
New Regulations ,
Nuclear Power ,
Real Estate Development ,
Renewable Energy ,
Sustainability ,
Taxonomy ,
Transportation Industry