The Carbon Border Adjustment Mechanism (CBAM) is the European regulation that imposes a reporting obligation and a carbon tax on EU imports of certain goods in order to reduce carbon
Continue Reading CBAM Reporting Requirement Begins Oct. 1, 2023
Greenberg Traurig’s Energy & Natural Resources Attorneys Recognized in The Best Lawyers in America 2024
Greenberg Traurig is pleased to announce that The Best Lawyers in America recognized its Energy & Natural Resources Practice on the 2024 list. The annual edition recognized 22 energy attorneys
Continue Reading Greenberg Traurig’s Energy & Natural Resources Attorneys Recognized in The Best Lawyers in America 2024
Latin America Energy Updates: May–June 2023
In May and June 2023, Latin American countries embarked on a variety of projects to advance the renewable energy movement. Whether it is new agreements to promote international cooperation for
Continue Reading Latin America Energy Updates: May–June 2023
Proposed Regulations under Section 6418 Transferability of Clean Energy Tax Credits
On June 14, 2023, the IRS released proposed and temporary regulations and additional guidance describing rules for eligible taxpayers to benefit from clean energy projects through selling any of the
Continue Reading Proposed Regulations under Section 6418 Transferability of Clean Energy Tax Credits
Proposed Regulations under Section 6417 Direct Pay for Clean Energy Tax Credits
On June 14, 2023, the IRS released proposed and temporary regulations and additional guidance describing rules for applicable taxpayers to benefit from clean energy projects through electing to receive direct
Continue Reading Proposed Regulations under Section 6417 Direct Pay for Clean Energy Tax Credits
GT’s Energy & Natural Resources Practice Recognized in 2023 Chambers USA Guide
The 2023 Chambers USA Guide recognized the Energy & Natural Resources Practice of global law firm Greenberg Traurig, LLP on its nationwide list. The UK-based publisher, Chambers and Partners, selects
Continue Reading GT’s Energy & Natural Resources Practice Recognized in 2023 Chambers USA Guide
IRS Provides Additional Guidance for Advanced Energy Projects Under Section 48C of the Code
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
Lower 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 Conservation
IRS Issues Guidance for Developers, Investors Seeking to Qualify for Energy Community Bonus Credits Under Inflation Reduction Act
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’s Colorado River Rescue Efforts
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