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
Posted in Electric Vehicles, Energy Policy, Solar, Wind
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.
Wind in the Sails of Offshore Wind Farms: Recent Developments in Incentives for Offshore Wind Generation
By Jeffrey G. Davis & Isaac L. Maron on
Posted in ITC, Offshore Wind, Proposed Legislation, PTC, State Tax, Wind
On May 11, 2017, Senators Edward J. Markey (D-Mass.) and Sheldon Whitehouse (D-R.I.) introduced the Offshore Wind Incentives for New Development Act or, simply, the Offshore WIND Act (here). The Offshore WIND Act would extend the 30% investment tax credit (ITC) under Section 48 of the Internal Revenue Code (Code) for offshore wind through 2025.
Continue Reading Wind in the Sails of Offshore Wind Farms: Recent Developments in Incentives for Offshore Wind Generation