News & Analysis as of

Tax Credits Electric Vehicles Investment Tax Credits

Greenbaum, Rowe, Smith & Davis LLP

Passage of One Big Beautiful Bill Act Creates Opportunities and Issues for Alternative and Clean Energy Initiatives

On July 4, 2025, President Donald Trump signed into law the One Big Beautiful Bill Act, following its passage out of the U.S. Senate by the slimmest of margins (51-50) requiring the vote of the Vice President to break the...more

Husch Blackwell LLP

Steep Phase-Out of Wind and Solar Tax Credits in Draft Bill Text Released by Senate Finance Committee

Husch Blackwell LLP on

On June 16, 2025, the Senate Finance Committee released its version of the “One, Big Beautiful Bill” (OBBB) that would create a steep phase-out of renewable energy tax credits—notably, renewable energy companies would have to...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — January 2025

As we step into the new year, the energy and sustainability landscape continues to shape up. Building on our December analysis, this month we highlight congressional leadership assignments, new legislative initiatives, and...more

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - December 2024

Looking at 2024 EV sales, the U.S. made meaningful strides toward achieving the Biden Administration’s goal of having 50% of all new vehicle sales be electric by 2030. Since the IRA was enacted, purchases of zero-emission...more

Allen Matkins

Renewable Energy Update 12.12.24

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The Department of the Treasury and the Internal Revenue Service have released the final rules for the Sec. 48 Energy Credit – also known as the federal investment tax credit (ITC). For decades, the ITC has fueled U.S. clean...more

Holland & Knight LLP

Eyes on Energy Tax Update: Fourth Quarter 2023

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Eyes on Energy Tax Update is a quarterly publication of the Holland & Knight Renewable and Alternative Energy Tax Team that provides highlights of important developments. The Renewable and Alternative Energy Tax Team also...more

Bricker Graydon LLP

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

Bricker Graydon LLP on

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

Troutman Pepper Locke

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

Troutman Pepper Locke on

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

Eversheds Sutherland (US) LLP

Treasury issues requests for comments regarding clean energy tax incentives in the Inflation Reduction Act of 2022

​​​​​​​On October 5, 2022, the Department of the Treasury released six requests for comments regarding certain clean energy tax incentives in the Inflation Reduction Act of 2022....more

Harris Beach Murtha PLLC

Key Tax Provisions of the Inflation Reduction Act of 2022

On August 16, 2022, President Joe Biden signed the Inflation Reduction Act of 2022 (the “Act”) into law. Among its provisions, the Act provides the biggest investment ever in the US to fight climate change, places a cap on...more

Venable LLP

Inflation Reduction Act: What You Need to Know

Venable LLP on

​​​​​​​On August 16, President Biden signed into law the much-anticipated Inflation Reduction Act. The Act includes numerous clean energy, decarbonization, and climate-related provisions. ...more

Eversheds Sutherland (US) LLP

Inflation Reduction Act of 2022: The energy tax provisions you need to know about

​​​​​​​The Inflation Reduction Act of 2022 (the Act) runs 725 pages and includes numerous energy tax provisions aimed at enhancing US energy security. The Act, if enacted, would extend and expand the renewable and alternative...more

Holland & Knight LLP

The Green Book and Green Energy

Holland & Knight LLP on

Since the beginning of his presidential campaign, President Joe Biden has made clear his vision to drive the United States toward world leadership in green energy. With tax policy long an important tool in the toolbox for...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

Hogan Lovells

Congress' year-end funding bill included extensions of tax credits for renewable energy, including wind, biofuels, and others

Hogan Lovells on

In a rare display of bipartisanship, both houses of Congress and President Trump were able to come to agreement in the waning hours of the 2019 congressional session to extend government funding for fiscal year 2020. Included...more

Eversheds Sutherland (US) LLP

Congress unveils energy tax extenders

Congress is moving towards passing The Taxpayer Certainty and Disaster Relief Act of 2019 (Extenders Bill). If enacted, the Extenders Bill would extend certain tax credits for the renewable energy and alternative fuels...more

Holland & Knight LLP

House and Senate Tax Reform Proposals Diverge on Energy Provisions

Holland & Knight LLP on

On November 2, House Republicans introduced H.R. 1, the Tax Cuts and Jobs Act. Senate Republicans followed suit shortly thereafter, releasing their proposal on November 9. The House Ways & Means Committee concluded its markup...more

Mayer Brown

GOP Tax Bill Proposes Changes to the Renewable Energy Industry’s Tax Incentives

Mayer Brown on

On Thursday, November 2, Republicans in the US House of Representatives released their proposed tax reform legislation, providing for massive alterations to tax law. The proposed legislation would trim tax benefits applicable...more

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