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
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
A Texas state district court in Hale County, Texas recently issued a verdict under Texas state law and determined that wind rights are a severable property interest in the surface
Continue Reading The Severability of Wind Rights from a Surface Estate
Last month the U.S. Supreme Court restricted federal jurisdiction over filling and altering wetlands. See Sackett v. Environmental Protection Agency, No. 21-454 (U.S. May 25, 2023). The president promptly
Continue Reading Wetlands Regulation in Pennsylvania After ‘Sackett’ Ruling
I recently finished P. David Allen II’s and Susan Campbell’s new book Paper Valley: The Fight for the Fox River Cleanup (Wayne State Univ. Press 2023). Allen was a wildlife
Continue Reading Lessons from Someone Else’s Book About a Big Matter I Handled
The U.S. Department of Interior (DOI) is seeking public comments on new strategies to replace the 2007 Colorado River Interim Guidelines for Lower Basin Shortages and the Coordinated Operations for
Continue Reading Federal Government Continues Efforts to Reform Colorado River Operations
On June 14, 2023, the IRS released proposed regulations and additional guidance describing rules for applicable taxpayers to benefit from investments in renewable energy projects through a direct payment of
Continue Reading IRS Releases Guidance on Elective Payments and Transferability of Certain Tax Credits
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