Energy & Clean Technology Connections: Your Law Firm Link to Industry News -- May 2014

Mintz - Energy & Sustainability Viewpoints
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In This Issue:

- Leaders in the News

- Washington Update

- Event Highlights

- Innovator Profile

- Energy Navigator

- Events

- Excerpt from Washington Update:

In Washington, energy issues still garnered significant attention even though Congress was in recess for two weeks. In early April, the National Renewable Energy Laboratory released a report warning that a failure to revive the production tax credit could significantly harm the wind industry. The report finds that wind capacity additions could fall from an average of 8.7 GW per year from 2008 to 2012 to between 3 GW and 5 GW per year from 2013 to 2020 if the credit is not extended. The American Wind Energy Association released a report concluding that uncertainty over the extension of the production tax credit cost the United States wind industry 30,000 jobs last year. The report found that the uncertainty resulted in a drop in new capacity from 13.1 GW in 2012 to 1 GW last year, a 92% reduction.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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