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
With a renewed focus on domestic energy production and regulatory reform, the incoming administration signals significant shifts in U.S. energy and climate priorities.
The incoming Trump Administration will prioritize...more
12/19/2024
/ China ,
Clean Energy ,
Climate Change ,
Department of Energy (DOE) ,
Electric Vehicles ,
Energy Costs ,
Energy Policy ,
Energy Projects ,
Energy Sector ,
Energy Storage ,
Export Bans ,
Geothermal Energy ,
Grants ,
Hydrogen Power ,
Incentives ,
Inflation Reduction Act (IRA) ,
Infrastructure ,
Keystone XL Pipeline ,
Liquid Natural Gas ,
Minerals ,
Nuclear Power ,
Oil & Gas ,
Paris Agreement ,
Regulatory Reform ,
Renewable Energy ,
Renewable Fuel ,
Solar Energy ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Trump Administration ,
UNFCCC ,
Wind Power
The energy demands of artificial intelligence (AI) technologies are growing significantly, with the Department of Energy (DOE) forecasting a tenfold increase in data center energy demand due to the rise of AI applications and...more
6/11/2024
/ Artificial Intelligence ,
Clean Energy ,
Department of Energy (DOE) ,
Energy Sector ,
FERC ,
Fossil Fuel ,
Infrastructure ,
Investment ,
National Security ,
Power Grid ,
Renewable Energy ,
Technology Sector
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 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
The credit was included in the 2023 Budget Proposal, and if passed by Parliament will provide an ITC of up to 40% for eligible clean hydrogen projects.
Canada’s recently introduced 2023 budget includes $17.7 billion CAD...more
Once signed into law, the Inflation Reduction Act of 2022 will make historic investments in clean energy and significant reforms to tax policies.
The Senate passed the Inflation Reduction Act on August 7, 2022, after...more
The Supreme Court rejected EPA’s Obama-era Clean Power Plan in a decision that has significant implications both for future attempts by EPA to regulate CO2 emissions and for other agencies attempting to promulgate rules that...more
7/5/2022
/ Centers for Disease Control and Prevention (CDC) ,
Clean Air Act ,
Clean Energy ,
Clean Power Plan ,
Controlled Substances Act ,
Coronavirus/COVID-19 ,
Environmental Protection Agency (EPA) ,
Food and Drug Administration (FDA) ,
Greenhouse Gas Emissions ,
Natural Gas ,
OSHA ,
SCOTUS ,
West Virginia v EPA
The Department of Energy has released two Requests for Information soliciting feedback and recommendations on the $9.5 billion-dollar clean hydrogen programs established by the Infrastructure Investment and Jobs Act.
The...more
The Senate-passed bill authorizes and appropriates $9.5 billion for clean hydrogen research, development and demonstration programs to be managed by the Secretary of Energy.
The bulk of this funding—$8 billion—is...more
President Biden’s American Jobs Plan includes ambitious spending proposals and modifications of the tax code that will affect businesses in all sectors of the U.S. economy.
President Biden announced the American Jobs Plan...more
4/20/2021
/ Affordable Housing ,
Airports ,
Biden Administration ,
Bridges ,
Broadband ,
Carbon Capture and Sequestration ,
Clean Energy ,
Electric Vehicles ,
Energy Efficiency ,
Energy Storage ,
Highways ,
Infrastructure ,
Manufacturers ,
Power Grid ,
Public Transit ,
Railways ,
Research and Development ,
Roads ,
Supply Chain ,
Tax Code ,
Water
The new Presidential administration has set off a renewed emphasis on sustainability and climate change. While owners and other stakeholders involved in New York City real estate have been grappling with many of these issues...more
2/15/2021
/ Borrowers ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Compliance ,
Energy Sector ,
Environmental Policies ,
Governor Cuomo ,
Investors ,
Lenders ,
Popular ,
Property Owners ,
Purchasers ,
Sellers ,
State and Local Government ,
State Budgets ,
Tenants
The new administration has launched an avalanche of Executive Orders and memoranda aimed at tackling the climate crisis in its first week—Pillsbury reviews its impact.
Expect to see growth in electric vehicles, innovation...more
2/1/2021
/ Clean Air Act ,
Clean Energy ,
Climate Change ,
Congressional Review Act ,
Conservation ,
Department of Energy (DOE) ,
Electric Vehicles ,
Environmental Protection Agency (EPA) ,
Executive Orders ,
Fossil Fuel ,
National Emissions Standards ,
Oil & Gas ,
Renewable Energy ,
Zero-Emission Vehicles
President-elect Joe Biden announced an ambitious clean energy plan designed to counteract the impacts of climate change and reverse policies from the last four years of the Trump Administration.
With action promised on Day...more
On July 15, 2020, the White House Council on Environmental Quality implemented sweeping amendments to modernize and streamline NEPA environmental reviews.
These amendments stand to have a trickle-down effect on the nuclear...more
7/22/2020
/ CEQ ,
Clean Energy ,
Congressional Review Act ,
Department of Energy (DOE) ,
Energy Sector ,
Environmental Assessments ,
Environmental Impact Statements ,
Executive Orders ,
FERC ,
Final Rules ,
National Environmental Policies ,
NEPA ,
Nuclear Power ,
Nuclear Regulatory Commission
Issued by 13 federal agencies, the 2018 Fourth National Climate Assessment presented a stark warning on the consequences of climate change for the United States. ...more