News & Analysis as of

Renewable Energy Incentives Carbon Capture and Sequestration Renewable Energy

Jackson Walker

Clean Energy Tax Credit Changes under the One Big Beautiful Bill Act

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The One Big Beautiful Bill Act (the “OBBBA”) limits future opportunities for some of the clean energy tax credits previously enacted under the Inflation Reduction Act of 2022 (the “IRA”). During the election campaign...more

Womble Bond Dickinson

How Manufacturers Can Take Advantage of the Inflation Reduction Act

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The Inflation Reduction Act (the “IRA”) is a wide-ranging bill that includes, among other things, significant investments and reforms by the federal government in a variety of different sectors, including manufacturing,...more

Holland & Knight LLP

The Inflation Reduction Act's Labor Rules for Energy Tax Credits and Carbon Capture

Holland & Knight LLP on

President Joe Biden signed the Inflation Reduction Act (IRA) into law on Aug. 16, 2022. The massive legislative package revises policy on taxes, healthcare, agriculture and energy. In particular, the IRA modifies and expands...more

Levenfeld Pearlstein, LLC

The Inflation Reduction Act Presents New Opportunities and Incentives for Business and Individuals

The Inflation Reduction Act, which President Biden signed on August 16, 2022, represents the country’s first major legislative measure to fight climate change. The new law allocates $369 billion in programs to promote energy...more

Latham & Watkins LLP

Nine Takeaways From the Inflation Reduction Act’s Climate Initiatives

Latham & Watkins LLP on

The Act promises to touch on almost every aspect of US climate policy. On August 16, 2022, President Biden signed into law the Inflation Reduction Act (the Act), which expands clean and renewable energy production,...more

Latham & Watkins LLP

Biden Signs Climate Bill With Transformative Changes to Clean Energy Tax Incentives

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The Inflation Reduction Act ushers in the largest clean energy tax credit package in US history. Key Points: • Wind and solar tax credits receive a multi-year extension at full rates, and solar projects are eligible...more

A&O Shearman

Historic Climate Change Bill Gains New Support

A&O Shearman on

On July 27, 2022, Senator Joe Manchin of West Virginia, a key vote in the United States Senate, announced that he would support legislation providing $369 billion for climate and clean energy action in what could be the most...more

Mayer Brown

Solar and Wind Tax Credits Extended, Again

Mayer Brown on

On Monday, December 21, 2020, the United States Congress passed a second large stimulus bill (the “Relief Bill”) aimed at curtailing the economic disruptions caused by COVID-19. ...more

Holland & Knight LLP

Energy Policy Act Signals Inclusive, Innovation-Focused Future for DOE

Holland & Knight LLP on

President Donald Trump signed into law on Dec. 27 H.R. 133, an end-of-year legislative package that paired the long-awaited Energy Act of 2020, reauthorizing a number of U.S. Department of Energy (DOE) programs, with a...more

WilmerHale

Funding Package Provides Opportunities for Clean Energy Industries

WilmerHale on

On December 27, President Donald Trump signed a $1.4 trillion appropriations package funding the government through September 2021 and a $900 billion fiscal stimulus law for coronavirus aid. Media attention has focused on the...more

Mayer Brown

Covid-19 Relief Legislation to Have Extenders for Renewables

Mayer Brown on

Last night, Congressional leaders announced an agreement on a $900 billion COVID relief bill. While the text of the bill has not been released as of this writing, people familiar with the negotiations have indicated that the...more

K&L Gates LLP

Hydrogen Rising: EU and UK Hydrogen Strategies and Incentives

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Giovanni Campi, Francis Iyayi, and David Wochner discuss present and future hydrogen incentives offered within the European Union and the United Kingdom....more

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