Read about it in this Mayer Brown In Brief.
Wind
US House Rules Committee Modifies the “Build Back Better Act”
Read about the recent changes to the proposed “Build Back Better Act” by the US House Rules Committee, including some important changes to green energy tax incentives, in this Legal Update.
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.
US House Ways and Means Committee Proposes Substantial Green Energy Support
On the night of September 10, 2021, the House Ways and Means Committee released legislative text covering a range of green energy tax incentives, a bill that it hopes will be enacted through the budget reconciliation process and it expects to begin markup of on Tuesday, September 14. This Legal Update provides further detail on …
North Carolina, a Little Late to East Coast Offshore Wind Race, Goes 8 GW-by-2040 Large
By Jeffrey G. Davis on
Posted in Offshore Wind, Wind
More still on offshore wind from my partners Paul Forrester and Eric Pogue.
US Department of Interior to Consider Offshore Wind in Gulf of Mexico
By Jeffrey G. Davis on
Posted in Offshore Wind, Wind
More on US offshore wind from my partners Paul Forrester and Eric Pogue.
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.
Biden Administration Budget: Energy Tax Proposals
By Jeffrey G. Davis on
Read about the Energy Tax Proposals in the Biden Administration’s 2022 Budget in this Legal Update: Energy Tax Implications of the Administration’s FY2022 Budget Tax Proposals | Perspectives & Events | Mayer Brown.
IRS Releases 2021 Section 45 Production Tax Credit Amounts
By Jeffrey G. Davis & Andre M. Smith II on
On May 24, 2021, the US Internal Revenue Service (IRS) released Notice 2021-32, which provides the inflation-adjustment factors and reference prices for the calculation of renewable electricity production tax credits (PTCs) under Internal Revenue Code (IRC) section 45 for calendar year 2021.
The notice provides that the PTC for electricity produced from wind, as well…
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.