My Mayer Brown colleagues and I have authored this Legal Update on the key provisions regarding carbon capture use and sequestration in the Inflation Reduction Act of 2022.
Energy Policy
The Green Energy Tax Incentives of the Inflation Reduction Act of 2022
By Jeffrey G. Davis on
Posted in Carbon Capture Credit, Electric Vehicles, Energy Policy, ITC, PTC, Solar, Tax Policy, Wind
Here is Mayer Brown’s Legal Update regarding some of the noteworthy proposals in the Inflation Reduction Act of 2022 that related to green energy.
Manchin’s BBB Redux-tion Act – The Inflation Reduction Act of 2022
Last night, after weeks of negotiations, Senators Manchin and Schumer reached a deal on an energy and healthcare bill titled the Inflation Reduction Act of 2022 (the “Act”). The Act includes extensive provisions relating to a range of green energy tax incentives. While these provisions largely track the corresponding provisions in the previously released Build…
Buy Clean: Biden’s Executive Order on Catalyzing Clean Energy through Federal Procurement
By Jeffrey G. Davis on
Posted in Energy Policy
With the federal government being the largest energy consumer in the United States, late last year President Biden issued the Executive Order on Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability to set aggressive decarbonization goals for federal agencies. This Legal Update summarizes the executive order, the three primary contracting mechanisms that federal agencies…
Illinois Enacts Comprehensive Climate and Clean Energy Legislation
By George K. Haines on
Read about Illinois’ substantial new climate and energy legislative package in this Legal Update authored by my Mayer Brown colleagues, Nadav Klugman, Joe Seliga and Casey Williams.
Governors of Nine East Coast States Send Offshore Wind Letter to Biden Administration
By Jeffrey G. Davis on
Read about the letter in this piece by my partners Paul Forrester and Eric Pogue.
G7 Commits to Multi-Year Effort to Support Net-Zero Global Economy and to Move to Mandatory Climate Risk Reporting
By Jeffrey G. Davis on
Posted in Energy Policy, ESG: Environmental
Read the latest from G7 on climate change in this Legal Update authored by my Mayer Brown colleagues, Paul Forrester and Andrew Olmem.
Recent Legislative Proposals Could Drastically Change US Energy Taxation
By Jeffrey G. Davis on
Posted in Carbon Capture Credit, Energy Policy, ITC, PTC, Solar, Tax Policy, Tax Reform (Federal), Wind
There have been a number of recent legislative proposals that could drastically impact the US energy industry, including renewables. In this Legal Update, my Mayer Brown colleagues and I describe some of the highlights.
Energy Tax Implications of New Infrastructure and Tax Plans
By Jeffrey G. Davis on
Posted in Carbon Capture Credit, Electric Vehicles, Energy Policy, ESG: Environmental, Infrastructure, ITC, PTC, Solar, Wind
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, create additional jobs and increase the United States’ global competitiveness. Alongside the Infrastructure Plan, the Biden administration released a Made in America Tax Plan (the “Tax Plan”),…
GREEN Act of 2021
By Andre M. Smith II on
Posted in Carbon Capture Credit, Electric Vehicles, Energy Policy, ITC, Proposed Legislation, PTC, Solar, Storage, Wind
House Ways and Means Committee Democrats introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act of 2021 on February 5, 2021. The bill is an updated version of a similar bill of the same name introduced in June of 2020.
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Continue Reading GREEN Act of 2021