We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 60

Report on energy efficiency tax credits
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • November 20 2011

On November 17, the Congressional Research Service released the report Residential Energy Tax Credits: Overview and Analysis detailing how residential energy use rose by 8 between 2000 and 2010, while per capita usage stayed the same


Oil recovery tax credit revamp
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • March 4 2012

The National Enhanced Oil Recovery Initiative released a report February 28 calling on Congress to overhaul the $10ton tax credit that rewards oil recovery sites that store carbon dioxide


Legislation introduced
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • March 4 2012

Congressmen Chris Gibson (R-NY) and Mike Thompson (D-CA) introduced the Storage Technology for Renewable and Green Energy 2012 Act (STORAGE) (H.R.4096) February 2


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


CRS study of wind PTC
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • July 1 2012

On June 20, the Congressional Research Service released U.S. Renewable Electricity: How Does the Production Tax Credit (PTC) Impact Wind Markets?, which found that extending the 2.2-cent-per-kilowatt-hour production tax credit for the wind industry may not result in greater long-term wind power generation capacity, given natural gas prices and state renewable portfolio standards


Tax credits encourage R&D
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • March 18 2012

The Congressional Budget Office released a report March 6 concluding that federal tax credits and other support for renewable technologies and energy and energy efficiency have succeeded in advancing research and development that would otherwise not attract private investment, while the record is more mixed for helping to build large demonstration projects


Letters pushed
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • December 11 2011

As Congress prepares to consider tax extenders legislation at the end of the year, Senators and Representatives are preparing a number of letters in support of energy tax programs that will expire at the end of the year unless extended


1603 support letter
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • December 4 2011

A group of House Democrats, led by Representatives Earl Blumenauer (D-OR) and Rush Holt (D-NJ), circulated a letter last week in support of the 1603 grants in lieu of tax credits program, which provides grant funding in place of a tax credit for companies with no tax liability in an effort to accelerate the deployment of clean energy technologies


Tax code impact on energy
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • USA
  • June 17 2012

The Senate Finance Committee met June 12 to consider the impact of tax reform on domestic energy policy


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