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Energy and climate debate

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • October 16 2011

As debates over fiscal year 2012 appropriations, the budget deficit, and jobs continue to heat up, energy issues retain an important place in the conversation

CRS fossil fuels subsidy report

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • March 11 2012

The Congressional Research Service released a report March 5 finding that after years of resistance, the atmosphere could be changing enough for Congress to repeal tax breaks for oil and gas industry

Wind PPA tax rule

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • April 15 2012

The Internal Revenue Service issued Private Letter Ruling 201214007 April 6, concluding that where a taxpayer purchased wind energy facilities accompanied by facility-specific Power Purchase Agreements, no portion of the purchase price need be allocated to the PPAs as a separate asset

Water to account for 15 percent electricity by 2030

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • April 22 2012

Speaking at the National Hydropower Association’s annual conference April 16, Jose Zayas, program manager of the Department of Energy’s wind and water power program, said that the agency is seeking to obtain 15 percent of the country’s electricity from conventional hydropower and other water-powered sources by 2030

FERC declines rulemaking on smart grid rule

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • July 24 2011

The Federal Energy Regulatory Commission (FERC) made the decision on July 19 to not conduct a rulemaking on the first group of proposed technical standards for the smart grid, citing a lack of consensus among electric utilities, telecommunications companies, and equipment manufacturers

Coburn plan calls for $1 trillion purge of tax expenditures

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • July 24 2011

On July 18, Sen. Tom Coburn (R-OK) unveiled Back in Black: A Deficit Reduction Plan, a purported $9 trillion deficit reduction plan offered which includes cuts to $962 billion of wide-ranging tax expenditures over ten years

Consumer empowerment seen as key to lower energy consumption in homes

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • July 24 2011

A panel assembled by The Information Technology and Innovation Foundation, the Digital Energy Solutions Campaign, and the Information Technology Industry Council last week argued that congressionally mandated access to real-time electricity consumption data will not motivate consumers to use less energy unless they see a benefit to their lives

U.S. renewable energy company plans to submit Chapter 11 claim against Canada

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • Canada, USA
  • -
  • July 24 2011

On July 14, Mesa Power Group, LLC, a renewable energy developer, announced that it has filed a notice of intent to submit a North American Free Trade Agreement Chapter 11 arbitration claim against Canada for alleged breaches of NAFTA obligations

Renewable energy resource equipment manufacturing facility tax credit enacted

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • July 24 2011

Oregon passed a bill (H.B. 2523) creating a new income tax credit for the certified costs of a renewable energy resource equipment manufacturing facility, defined as any structure, building, installation, excavation, device, machinery, or equipment

NRC chair desires swift reform

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • July 24 2011

On July 19, the NRC saw an 82-page report internal task force, Recommendations for Enhancing Reactor Safety in the 21st Century, on what can be learned from Japan's nuclear disaster, and Chairman Gregory B. Jaczko has pledged to move quickly on safety reforms