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 Code
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 Communities
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 Conservation
Greenberg Traurig, LLP Shareholders Doreen U. Saia, Steven C. Russo, and Zackary D. Knaub were named to City & State’s “2023 Energy & Environment Power 100” list.
Continue Reading Doreen U. Saia, Steven C. Russo, & Zackary D. Knaub Named to City & State’s 2023 Energy & Environment Power 100
On April 4, the Internal Revenue Service issued Notice 2023-29 (the Notice), which describes certain rules the IRS intends to include in proposed regulations for qualifying for the energy community
Continue Reading IRS Issues Guidance for Developers, Investors Seeking to Qualify for Energy Community Bonus Credits Under Inflation Reduction Act
The federal government recently has acted to address the effects of the “megadrought” in the western half of the United States. These steps include (1) allocation of historic funding amounts
Continue Reading The Federal Government’s Colorado River Rescue Efforts
On March 28, 2023, Mexico’s President presented to the Chamber of Representatives an initiative to amend several provisions of the Mining Law, the National Water Law, the General Law of
Continue Reading Mexico’s Initiative to Amend Mining Law, Related Environmental Law Provisions Regarding Mining and Water Concessions
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 2023
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 Facilities
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’