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Clean Energy Biden Administration Tax Credits

Akerman LLP

Trump Tax Bill Passes House: What Clean Energy Stakeholders Need to Know

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Early yesterday morning, the House of Representatives passed President Donald Trump’s signature "One Big Beautiful Bill," largely aimed at extending the 2017 tax cuts, by a single vote (215-214). The bill includes huge...more

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - March 2025

The electric vehicle (EV) industry is facing a mix of challenges and opportunities as the Trump Administration’s recent policies and tariff announcements take effect in the market. In its first three months, the Trump...more

Baker Botts L.L.P.

Final Section 45V Clean Hydrogen Production Tax Credit Regulations: A Closer Look

Baker Botts L.L.P. on

On January 3, 2025, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released long-awaited final regulations regarding the clean hydrogen production tax credit under section 45V of the...more

Jones Day

New Guidance on the Commercial EV Tax Credit

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In one of their final sets of guidance under President Biden, the Department of Treasury and the IRS released proposed regulations for the tax credit under Section 45W, which is available for purchasing electric vehicles for...more

Allen Matkins

Renewable Energy Update 1.9.25

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According to a new study published in the journal Renewable Energy, no blackouts occurred when wind, water, and solar electricity supply exceeded 100% of demand on California’s main grid for a record 98 of 116 days from late...more

Foley Hoag LLP

Climate Law Matters: Energy & Climate Newsletter - December 2024

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In this Issue: Mission is Market - As with many, we in the Foley Hoag energy and climate practice have felt the results of the 2024 election reverberate through our industry. We’ve gathered and digested the most current...more

Perkins Coie

IRS Clean Vehicle Tax Credit Rule Adds Hurdles for Domestic Electric Vehicle Manufacturing

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The Internal Revenue Service (IRS) published a final rule on May 6, 2024, defining eligibility requirements for the clean vehicle credit under Section 30D of the Internal Revenue Code, enacted by the Inflation Reduction Act...more

King & Spalding

Field Guide to Clean Hydrogen

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Hydrogen is a key ingredient in any country’s future energy plans. In the United States, the hydrogen sector is on the launch pad, ready for lift-off. However, its trajectory hinges on a critical question: what criteria...more

Bricker Graydon LLP

Inflation Reduction Act: Federal Incentives for Public Entities for Clean Energy Improvements

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By now, you are likely aware that the federal government is making the largest investment in climate and energy improvements in American history, known as the Inflation Reduction Act (IRA). The IRA allocates funding to...more

BakerHostetler

Overview of Renewable Energy Tax Credits Under the Inflation Reduction Act - Part I

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In the United States, federal tax policy, through federal income tax credits, is one of the primary methods used to effectuate government subsidies for the development of renewable energy technology in the private sector....more

BakerHostetler

Bipartisan Bill Seeks Further Tax Incentives for Carbon Capture and Utilization Projects

BakerHostetler on

On Feb. 28, the Captured Carbon Utilization Parity Act (CCU Parity Act) was introduced by Sen. Sheldon Whitehouse, D-R.I., and Sen. Bill Cassidy, R-La. The CCU Parity Act would increase the tax credit available for carbon...more

BakerHostetler

New CCUS Regulatory Handbook a Practical Guide for Stakeholders, Practitioners and Policymakers

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Carbon capture, utilization and storage (CCUS) is primed to play a crucial role in setting the global energy system on a path to net zero. As a result, the United States has endeavored to incentivize investment in large-scale...more

Troutman Pepper Locke

Keys to IRA Tax Breaks for US Green Energy, EV Production

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On Aug. 16, President Joe Biden signed the Inflation Reduction Act into law. The legislation includes landmark tax incentives for domestic energy production and manufacturing, with the goal of reducing carbon emissions in the...more

A&O Shearman

Prevailing Wage and Apprentice Requirements for Clean Energy Tax Credits are Coming into Effect on January 29, 2023

A&O Shearman on

On August 16, 2022, President Biden signed the Inflation Reduction Act (the “IRA”), which included provisions for clean energy tax and climate tax incentive credits for taxpayers – generally builders, developers and owners of...more

Mayer Brown

IRS Requests Comments on Additional Aspects of Energy Tax Credits

Mayer Brown on

On November 3, 2022, the U.S. Internal Revenue Service (IRS) issued three additional notices requesting public input on key aspects of climate and clean energy tax provisions in the Inflation Reduction Act. Here is list of,...more

Opportune LLP

US Inflation Reduction Act Aims To Give Carbon Capture A Boost, But Will It Take Off?

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On August 16, 2022, President Biden signed the landmark “Inflation Reduction Act” (IRA) into law, which contains several renewable energy tax breaks to help companies and U.S. consumers transition to clean energy. While the...more

Brownstein Hyatt Farber Schreck

IRS Solicits Public Comments on Inflation Reduction Act Energy Tax Credits

Earlier today, Oct. 5, the IRS issued six new public notices concerning upcoming energy guidance on many of the tax incentives included in the recently passed Inflation Reduction Act (IRA). Each notice includes a brief...more

BakerHostetler

What's in It for Me: The Inflation Reduction Act's Clean Energy Tax Credits

BakerHostetler on

Key Takeaways: ..Recently enacted direct pay and transfer provisions apply to certain clean energy tax credits. These provisions will have a significant impact on how taxpayers can monetize these tax credits and, in...more

Husch Blackwell LLP

The Inflation Reduction Act: Green Energy Benefits

Husch Blackwell LLP on

In the wake of increasing inflation and as a means of codifying several of the Biden administration’s legislative priorities, the Senate passed the $750 billion Inflation Reduction Act on August 7, 2022 (the “Act”), by a...more

Faegre Drinker Biddle & Reath LLP

Inflation Reduction Act of 2022 – Qualified Biogas Property

On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (the Act), which extends and expands existing tax credits and adds several new energy tax credits to encourage the production of clean...more

Goldberg Segalla

New Law Provides Clean Energy Tax Credit Bonanza

Goldberg Segalla on

The Inflation Reduction Act (IRA) that President Biden signed into law on August 16 ran, all told, about 725 pages. One of the more complex and—for businesses—interesting portions of this law involves its restructuring and...more

Womble Bond Dickinson

Landmark Federal Clean Energy/Climate Change Package Creates Wealth of Opportunities for Investors, Producers (UPDATED)

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​​​​​​​On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022, paving the way for the largest investment in clean energy development and climate change mitigation in U.S. history. The Act will provide...more

McGuireWoods LLP

Inflation Reduction Act Extends and Modifies Tax Credits for Wind Projects

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On Aug. 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (IRA), which includes new and revised tax incentives for clean energy projects. The IRA extends and significantly modifies the federal tax...more

Buchalter

Inflation Reduction Act Brings Big Changes to Clean Energy Tax Incentives

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Over the next decade, the United States, through enactment of the Inflation Reduction Act of 2022 (IRA), is primed to make a $369 billion investment in clean energy and climate change programs. The lion’s share of this...more

Stoel Rives LLP

Tax Changes in Inflation Reduction Act

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President Biden earlier this week signed the Inflation Reduction Act of 2022 (Act), which contains a number of tax and spending provisions impacting a broad range of businesses and individuals. These changes include a 15%...more

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