News & Analysis as of

Wind Power Tax Credits Carbon Emissions

Latham & Watkins LLP

One Big Beautiful Bill: New Law Disrupts Clean Energy Investment

Latham & Watkins LLP on

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

Allen Matkins

Renewable Energy Update - 6.23.23 #4

Allen Matkins on

The Biden administration on June 15 announced a proposed new rule that would aim to speed the development of renewable energy on public lands. The rule would cut fees for solar and wind development on public lands by 80%,...more

K&L Gates LLP

Carbon Quarterly – Special Edition

K&L Gates LLP on

Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

McDermott Will & Emery

Key Takeaways | Carbon Capture Gets a Long Runway for Development

McDermott Will & Emery on

Featured prominently in the Inflation Reduction Act of 2022 (IRA), carbon capture, utilization and storage (CCUS) is one segment of the energy industry that could most benefit from incentivized development. On November 17,...more

K&L Gates LLP

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

K&L Gates LLP on

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

McGuireWoods LLP

IRS Provides Carbon Capture Tax Credit Guidance and Safe Harbor

McGuireWoods LLP on

On Feb. 20, 2020, the IRS issued Notice 2020-12 and Revenue Procedure 2020-12 regarding carbon capture tax credits (IRC Section 45Q). Notice 2020-12 (the begin construction notice) provides guidance to determine when...more

Vinson & Elkins LLP

New IRS Guidance On Carbon Capture Relies On Wind And Solar Precedent

Vinson & Elkins LLP on

Ten key takeaways from the long-awaited guidance clarifying tax credits for carbon capture projects- Capturing and storing carbon dioxide reduces greenhouse gas emissions associated with the continued use of fossil fuels,...more

Orrick, Herrington & Sutcliffe LLP

Carbon Capture Sequestration – Orrick Responds to the IRS Request for Comments

On May 2, 2019, the Internal Revenue Service ( the “IRS”) released Notice 2019-32 (the “Notice”) which requested comments for Carbon Oxide Sequestration Section 45Q of the Internal Revenue Code....more

McCarter & English, LLP

Opportunities for Renewables Get Big Boost in Final Clean Power Plan

The Obama Administration’s final Clean Power Plan (CPP) is an attempt to curb climate change and, at the same time, will create a new pipeline of opportunities for developers, sellers and purchasers of renewable energy (RE)....more

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