Tax Reform, Carbon Capture and Sequestration

One Big Beautiful Bill: New Law Disrupts Clean Energy Investment

Latham & Watkins LLP on 7/9/2025

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (the OBBB), which significantly rolls back many of the core tax incentives that clean energy projects have relied on since the passage of the...more

The Inflation Reduction Act Clears the Senate

King & Spalding on 8/11/2022

House Passage and President Biden’s Signature Expected This Week - On Sunday, August 7, following an all-night voting session, the Senate approved the Inflation Reduction Act (IRA) by a vote of 51-50. The IRA was...more

Clean Energy Tax Proposals in Biden’s New “Build Back Better” Framework

Vinson & Elkins LLP on 11/3/2021

Faced with opposition from within his own party, President Biden last week unveiled a new, pared down framework for his “Build Back Better” agenda. Following release of the president’s framework, H.R. 5376 (the “Build Back...more

Energy Tax Implications of New Infrastructure and Tax Plans

Mayer Brown on 4/6/2021

The American Jobs Plan - On March 31, 2021, the Biden administration released the American Jobs Plan (the “Infrastructure Plan”), which is a proposal that, if ultimately enacted, aims to modernize outdated infrastructure,...more

Potential Energy Tax Changes under a Biden Administration

Mayer Brown on 1/20/2021

As the incoming Biden Administration takes shape, energy companies will be monitoring potential tax policy initiatives, especially those that could impact the energy sector. Companies throughout the sector could be treated...more

Senate Finance Committee Tax Reform Proposal Streamlines Energy Tax Credits

McDermott Will & Emery on 2/7/2014

On December 18, 2013, Senate Finance Committee Chairman Max Baucus (D-MT) released a proposal that would streamline energy tax incentives to make them more predictable and technology neutral. The proposal would consolidate...more