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Energy Projects 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

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

Womble Bond Dickinson

Can Republicans Repeal the Inflation Reduction Act (IRA)?

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With less than two weeks to go until the historic 2024 election, we take a closer look at the Inflation Reduction Act (IRA) and consider its possible fate following the high stakes 2024 Presidential Election. ...more

Allen Matkins

Renewable Energy Update 6.03.24

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The California Independent System Operator’s board on May 23 approved a $6.1 billion, 10-year transmission plan that includes projects to deliver offshore wind to customers. Transmission projects to access clean energy...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

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

(ACOEL) | American College of Environmental...

The U.S. Government Gets Serious on Climate Change

During a pandemic paper purge, I found a corporate newsletter showing me and my boss, George David, then CEO of United Technologies Corporation, at the Earth Technologies Forum admiring a display captioned “Why is UTC a...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

Opportune LLP

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

Opportune LLP on

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

BakerHostetler

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

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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

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

BakerHostetler

Inflation Reduction Act Provides Boost and Benefits to Carbon Capture Utilization and Storage Industry

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​​​​​​​The newly passed Inflation Reduction Act of 2022 (IRA) is poised to transform the carbon capture utilization and storage (CCUS) industry through significant tax credits and benefits, including through enhancements to...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

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

Williams Mullen

Summary of Key Renewable Energy Provisions in the Inflation Reduction Act of 2022

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​​​​​​​On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (Act) into law. The Act broadly addresses climate change, taxes, health care and inflation....more

K&L Gates LLP

HUB Talks: Sustainable Outlook: The U.S. Tax Credit Revolution

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In a special episode, Elizabeth Crouse, tax lawyer and practice group coordinator of the K&L Gates Power group, discusses the winners, losers, and many other highlights of the new U.S. federal income tax credit rules just...more

White & Case LLP

Inflation Reduction Act Increases Funding for Energy Transition Projects in the US

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On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 ("IRA"). In addition to enacting new tax benefits for renewable energy and other energy transition related infrastructure, the IRA...more

McDermott Will & Schulte

It’s Official: President Biden Signs the Inflation Reduction Act into Law, IRS to Receive Increased Funding

On August 16, 2022, US President Joe Biden signed into law the Inflation Reduction Act of 2022 (Act). A press release from the White House touts the Act as one that will “lower the costs for families, combat the climate...more

Bradley Arant Boult Cummings LLP

President Biden Signs Inflation Reduction Act – What This Will Mean for Clean Energy and Manufacturing

On August 16, 2022, President Biden signed into law H.R. 5376, referred to as the Inflation Reduction Act (IRA). The nearly $369 billion of new spending is intended to transform entire sectors of the American economy and...more

Hogan Lovells

The IRA: what’s in It for manufacturers?

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In the United States, greenhouse gas emissions derive almost evenly from transportation (27%), electricity (25%) and industrial sources (24%). The Inflation Reduction Act (IRA) has been rightly heralded for enabling an...more

White & Case LLP

New US Climate Bill Seeks to Promote Domestic Content in Clean Energy Projects

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On July 27, Senate Majority Leader Chuck Schumer (D-NY) unveiled a budget reconciliation bill entitled the Inflation Reduction Act of 2022 ("IRA"), which would implement core components of President Biden's agenda on...more

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