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Far-reaching proposal would replace existing energy and fuel tax credits with technology-neutral incentives. TAKEAWAYS Legislation would increase available incentives and expand availability to all types of power generation facilities with zero or net-negative carbon emissions. Tax credits would expire when emission goals are achieved as opposed to specific end dates. Contains significant incentives for clean transportation and energy efficiency. On April 21, 2021, Senator Ron Wyden (D-OR) introduced the Clean Energy for America Act (CEAA), a bill that would create emissions-based incentives ...

To embed, copy and paste the code into your website or blog: Over the past number of weeks, a variety of legislative proposals, from both sides of the aisle, have been released that, if enacted, could drastically impact the US energy industry and, in many cases, the taxation of energy in the United States. These proposals come on the heels of the Biden administration’s American Jobs Plan and Made in America Tax Plan. Legislative proposals related to energy continue to be released at a rapid pace, and below we highlight certain features from several recent proposals. Clean Energy for Americ...

To embed, copy and paste the code into your website or blog: Over the past number of weeks, a variety of legislative proposals, from both sides of the aisle, have been released that, if enacted, could drastically impact the US energy industry and, in many cases, the taxation of energy in the United States. These proposals come on the heels of the Biden administration’s American Jobs Plan and Made in America Tax Plan. Legislative proposals related to energy continue to be released at a rapid pace, and below we highlight certain features from several recent proposals. Clean Energy for Americ...

Key Takeaways: In an effort to spur investment in renewable energy projects, Congress and the Biden Administration are considering “direct pay” options Direct pay would allow project developers to receive tax refunds regardless of their tax liability and corresponding capacity to utilize tax credits Whether direct pay is an appropriate option in the current economic climate depends on many factors, including the prospect of increased corporate tax rates and an economy set to rebound from COVID-19 Both Congress and the White House have recently proposed “direct pay” options for develop...

Tesla's enigmatic founder hit the trifecta.