On May 31, 2023, the IRS released Notice 2023-44, which provides additional guidance for applicants seeking allocations of the Qualifying Advanced Energy Project Credit under Section 48C of the
Continue Reading IRS Provides Additional Guidance for Advanced Energy Projects Under Section 48C of the CodeEnergy
IRS Issues Proposed Regulations for Energy Projects Located in Low-Income Communities
The Internal Revenue Service issued proposed regulations on May 31, 2023, for the Low-Income Communities Bonus Credit Program under Section 48(e) of the Internal Revenue Code. The proposed regulations provide…
Continue Reading IRS Issues Proposed Regulations for Energy Projects Located in Low-Income CommunitiesLower Colorado Basin States’ Compromise on Water Conservation
On May 22, 2023, the Lower Colorado Basin States comprised of California, Arizona, and Nevada agreed to voluntarily conserve three million acre-feet of water over the next three years. This…
Continue Reading Lower Colorado Basin States’ Compromise on Water ConservationCBAM on Track to Take Effect in October 2023
The European Parliament (Parliament) enacted significant change to the proposed European Union (EU) Regulation for a Carbon Border Adjustment Mechanism (CBAM) in June 2022, as reported in an earlier GT…
Continue Reading CBAM on Track to Take Effect in October 2023IRS Releases Guidance on the Low-Income Communities Bonus Credit Program for Solar and Wind Facilities
The Internal Revenue Service issued Notice 2023-17 providing guidance on the Low-Income Communities Bonus Credit Program established under Internal Revenue Code Section 48(e) including environmental justice solar and wind capacity…
Continue Reading IRS Releases Guidance on the Low-Income Communities Bonus Credit Program for Solar and Wind FacilitiesIRS Establishes a Program to Allocate Credits to Qualifying Advanced Energy Projects
The Internal Revenue Service issued Notice 2023-18 establishing a program to allocate $10 billion of credits for qualified investments in eligible qualifying advanced energy projects under Internal Revenue Code Section…
Continue Reading IRS Establishes a Program to Allocate Credits to Qualifying Advanced Energy ProjectsE2 Law Podcast: Episode 20 | Empire Environmental – Review of New York’s Cap-and-Invest Program to Reduce Emissions and Achieve Climate Goals
In this episode of Greenberg Traurig’s E2 Law Podcast, attorneys Steven Russo, Zackary Knaub, and Jane McLaughlin discuss New York State’s cap-and-invest program to limit greenhouse gas emissions…
Continue Reading E2 Law Podcast: Episode 20 | Empire Environmental – Review of New York’s Cap-and-Invest Program to Reduce Emissions and Achieve Climate GoalsThomas Brill Quoted in Law360 Article, ‘California Legislation And Regulation To Watch In 2023’
Thomas R. Brill, a member of GT’s Energy & Natural Resources Practice, was quoted in a Law360 article titled “California Legislation And Regulation To Watch In 2023.”
Continue Reading Thomas Brill Quoted in Law360 Article, ‘California Legislation And Regulation To Watch In 2023’EPA’s Methane ‘Super-Emitter’ Proposal: Getting Outside Help
Earlier this month, the Environmental Protection Agency (EPA) published a “supplemental notice of proposed rulemaking,” calling for comments on air pollution standards for control of methane emissions from new and…
Continue Reading EPA’s Methane ‘Super-Emitter’ Proposal: Getting Outside HelpDec. 13 WEBINAR | Renewables Year-End Review: M&A, Tax Equity and Finance Markets
Greenberg Traurig and CohnReznick Capital are hosting a panel discussion titled “Renewables Year-End Review: M&A, Tax Equity and Finance Markets” on Dec. 13 from 12:00 p.m. – 1:30…
Continue Reading Dec. 13 WEBINAR | Renewables Year-End Review: M&A, Tax Equity and Finance Markets