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Federal Budget Energy Projects

McDermott Will & Emery

The One Big Beautiful Bill Act: Navigating clean energy tax credits in a new era

On July 4, 2025, US President Donald Trump signed into law a budget reconciliation bill known as H.R.1: the One Big Beautiful Bill Act (OBBBA). The OBBBA generally accelerated phase-outs to the Inflation Reduction Act of 2022...more

Eversheds Sutherland (US) LLP

Rolling back renewable energy tax credits: Senate passes One Big Beautiful Bill

On July 1, 2025, the Senate passed One Big Beautiful Bill (OBBB) in a 51-50 vote, with Vice President J.D. Vance casting a tiebreaker vote. Although the House of Representatives previously passed its own version of OBBB (see...more

Allen Matkins

Renewable Energy Update 6.12.25

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New U.S. solar capacity will be more than 10% lower in 2030 than in 2025, according to a forecast by the Solar Energy Industries Association and energy research firm Wood Mackenzie. The outlook includes the expected effects...more

Troutman Pepper Locke

Tax Credit Implications of the One Big Beautiful Bill Act

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On May 22, the U.S. House of Representatives passed an amended version of H.R. 1—the One Big Beautiful Bill Act (the Bill) — by a vote of 215-214. The House-passed version of the bill, slated to be considered by the Senate...more

Paul Hastings LLP

House Bill Accelerates Phaseout of Clean Energy Tax Credits and Restricts Leasing and Transferability

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On May 22, 2025, the U.S. House of Representatives passed House Bill 1, officially titled the “One Big Beautiful Bill Act” (OBBBA). This budget reconciliation bill includes significant energy-related provisions that would...more

White & Case LLP

Amendments to IRA Tax Credits in the House Budget Bill

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On May 22, 2025, the House of Representatives passed (by a vote of 215-214-1) its version of the budget reconciliation bill (H.R. 1, the "One Big Beautiful Bill Act") containing numerous tax reform provisions. Below are our...more

Venable LLP

Reconciliation Bill Would Create New FERC Siting Regime for Petroleum, Hydrogen, and Carbon Dioxide Pipelines

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On May 11, the House Committee on Energy and Commerce released its proposed energy provisions for inclusion in the budget reconciliation package, including several provisions that could dramatically reform the federal...more

BCLP

Autumn Budget 2024: Key Takeaways for the UK’s Energy Sector - Part Two

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On October 30 2024, the Labour government delivered their first Budget since 2010. The Budget introduced some key changes for the energy industry, including the Energy Profits Levy and Relief for payments made into a Carbon...more

Bennett Jones LLP

Budget 2024 Provides Additional Details for the Clean Electricity ITC and Adds Another ITC for Electric

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In Budget 2024, the Government of Canada continued their drive to implement government incentives aimed at decarbonizing the economy through providing further clarification and design details for the Clean Electricity...more

Holland & Knight LLP

Permitting Reform Outlook, Based on Provisions from Debt Ceiling Compromise

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Efforts to pass federal permitting reform heated up in the previous Congress and continue to be a top priority, with Republicans in the U.S. House of Representatives kicking off their agenda with the Lower Energy Costs Act...more

Bennett Jones LLP

Canada Using the Carrot Instead of the Stick to Decarbonize in Budget 2023

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The Government of Canada continued their drive to decarbonize the economy through the use of the carrot rather than the stick in Budget 2023 by announcing two new investment tax credits...more

Holland & Knight LLP

President Biden Announces Executive Actions to Combat Climate Change

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President Joe Biden announced a series of executive actions to combat climate change during a July 20, 2022, speech in Somerset, Massachusetts, from the base of a former coal-fired power plant where offshore wind energy...more

Brownstein Hyatt Farber Schreck

Energy, Environment and Tribal Provisions in the Bipartisan Infrastructure Package

Earlier this week, President Joe Biden signed the $1.2 trillion Infrastructure Investment and Jobs Act (H.R.3684) into law.   On Nov. 5, the House passed the bill by a vote of 228-206. Thirteen Republicans joined most...more

White & Case LLP

Turning to Transmission: A Critical Connection in the Energy Transition

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Building on the sweeping climate and energy goals set forth by the Biden administration, the spotlight turns to transmission development and power grid infrastructure. An array of federal and state proposals may usher in a...more

Brownstein Hyatt Farber Schreck

Building Back Better, August 3, 2021

What to Watch This Week  - - Infrastructure Amendment Process. With the bipartisan infrastructure package—the Infrastructure Investment and Jobs Act—now finalized, the Senate has proceeded to an open amendment process, which...more

Eversheds Sutherland (US) LLP

FY 2022 Green Book goes big for green energy

On May 28, 2021, Treasury released the General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals, more commonly referred to as the Green Book. The issuance of the Green Book provides further detail on...more

Eversheds Sutherland (US) LLP

Update on recent US sanctions developments - Nord Stream 2 sanctions and Exxon Mobil decision

This briefing is intended to provide an update on two recent developments under the US sanctions regime. ..The first one is the introduction of US sanctions related to the Nord Stream 2 pipeline project, which threaten to...more

King & Spalding

Mexico’s President Issues Plans Affecting Mexico’s Gasoline Market

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During the recent presidential campaign, President Andres Manuel Lopez Obrador (commonly referred to as AMLO) stated his intention to fund additional gasoline refining capacity for PEMEX, the monopoly state-owned national oil...more

Mayer Brown

Bipartisan Budget Act Partially Reinstates Orphaned Energy Tax Credits

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The Bipartisan Budget Act of 2018 (H.R. 1892) (the “Act”) was enacted on February 9, 2018. The Act is a two-year budget agreement that includes a number of provisions extending lapsed renewable energy-related tax credits;...more

Holland & Knight LLP

Energy Innovation and President Trump's 2018 Budget Proposal - A Comprehensive Outlook for Key Grant and Loan Programs

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President Donald Trump released on May 23, 2017, his budget proposal for fiscal year (FY) 2018, which closely mirrors his America First: A Budget Blueprint to Make America Great Again – also known as the "skinny budget"...more

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