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White House and DOE announced $7 billion for seven clean hydrogen hubs in the U.S.

On October 13, 2023, President Biden and U.S. Department of Energy (“DOE”) Secretary, Jennifer Granholm, announced seven regional clean hydrogen hub locations selected to receive $7 billion in Infrastructure Investments and...more

DOE and Treasury issue further guidance on investment tax credits for advanced energy projects (48C)

The Inflation Reduction Act of 2022 extended the 48C tax credit program, initially enacted in the American Recovery and Reinvestment Act of 2009, and provided an additional $10 billion in credit allocations. In this unusual...more

The IRA: what’s in It for manufacturers?

In the United States, greenhouse gas emissions derive almost evenly from transportation (27%), electricity (25%) and industrial sources (24%). The Inflation Reduction Act (IRA) has been rightly heralded for enabling an...more

The IRA’s transformative tax incentives for solar energy projects and manufacturing operations

The Inflation Reduction Act (IRA), as passed by the House and Senate, is a major political achievement for the Biden Administration, Senate Majority Leader Chuck Schumer (D-NY), and Democrats of the 117th Congress. This is...more

‘The American Jobs Plan’: Biden Administration unveils $2 trillion proposal for infrastructure

On March 31, the Administration unveiled its long-awaited infrastructure proposal from the President’s Build Back Better Plan. The American Jobs Plan will impact a multitude of industries and the economy in seven key policy...more

Election 2020 Snapshot: Helping our energy clients make sense of the U.S. election results

Through the last several Administrations (Democrat and Republican) the mantra has been “we support an all-of-the-above strategy” to meet U.S. energy needs. Expect that to change. The Biden Administration’s focus will shift to...more

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