Stimulus With Bottlenecks
The Inflation Reduction Act is stimulating demand at the same time that developers are running into multiple bottlenecks. Some of the bottlenecks are consequences of the war in Ukraine.
Transferability: Selling Tax Credits
The US Treasury is expected to issue guidance about direct sales of federal tax credits by the second quarter this year ...
Rising Solar Insurance Premiums and Shrinking Coverage
Property insurance premiums are up 15% to 45% across the solar industry and are becoming a major concern for developers, investors and construction contractors.
Cost of Capital: 2023 Outlook
Yields on 10-year and 30-year Treasuries are above 4% for the first time since 2007, up from only 1.9% a year ago. The futures markets shows investors expect the federal funds rate to peak at 5.45% ...
Washington Policy Outlook
Tom West, deputy assistant secretary of the Treasury for tax policy, told the 18th annual renewable energy law conference at the University of Texas in Austin in late January that the Treasury hopes ...
EPA Greenhouse Gas Reduction Fund
The Inflation Reduction Act establishes a $27 billion Greenhouse Gas Reduction Fund at the US Environmental Protection Agency.
New Hurdle for Some European Acquisitions and Tenders
New European Union notification and approval requirements will hit public tenders valued over €250 million and acquisitions of EU businesses with more than €500 million in EU revenue
Make-Whole Provisions and Bankruptcy
Make-whole provisions may be unenforceable where a bankrupt company is trying to restructure its debts and reemerge from bankruptcy.
The White House Council on Environmental Quality, or CEQ, released interim guidance for how federal agencies should assess climate change effects of federal agency actions in their environmental assessments ...
LMI Bonus Credits
LMI bonus credits will be hard to claim on 2023 projects the way the Internal Revenue Service plans to implement the program.
Section 45V Tax Credits: Open Issues
A showdown over standards that must be met to count hydrogen as clean is pitting hydrogen producers against environmental groups and some renewable energy generators.
Applying for Section 48C Tax Credits
Manufacturing angling for some of the $10 billion in tax credits that the Inflation Reduction Act authorizes to encourage construction of new US factories to make products for the green economy ...
Charitable contributions made in cryptocurrency cannot be deducted without an appraisal to establish how much the cryptocurrency is worth.