News & Analysis as of

Biden Administration Federal Budget Renewable Energy

Holland & Knight LLP

Fiscal Year 2025 Department of Energy Funding: House vs. Senate Markups

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The Subcommittees on Energy and Water Development (EWD) for both chambers of Congress have released proposed bills for funding the U.S. Department of Energy (DOE) in fiscal year (FY) 2025. As seen consistently from the 118th...more

Holland & Knight LLP

Permitting Reform Outlook, Based on Provisions from Debt Ceiling Compromise

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Efforts to pass federal permitting reform heated up in the previous Congress and continue to be a top priority, with Republicans in the U.S. House of Representatives kicking off their agenda with the Lower Energy Costs Act...more

Hogan Lovells

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

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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

Holland & Knight LLP

The Inflation Reduction Act: Summary of the Budget Reconciliation Act

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The U.S. Senate on Aug. 7, 2022, passed the Inflation Reduction Act of 2022 (IRA). This comprehensive legislation is the result of many months of negotiations among Democrats to advance some of President Joe Biden's highest...more

Holland & Knight LLP

President Biden Announces Executive Actions to Combat Climate Change

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President Joe Biden announced a series of executive actions to combat climate change during a July 20, 2022, speech in Somerset, Massachusetts, from the base of a former coal-fired power plant where offshore wind energy...more

Robinson+Cole Construction Law Zone

Number of New Public Works Construction Projects to Rise as Infrastructure Investment and Jobs Act Signed into Law

On November 15, 2021, President Biden signed into law the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA)which reauthorizes surface transportation funds and allocates $550 billion for new federal spending over the...more

Mayer Brown

US House Rules Committee Modifies the “Build Back Better Act”

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In less than a week, the Rules Committee of the US House of Representatives (the “Rules Committee”) released two versions of modified legislative text of H.R. 5376, the Build Back Better Act. The first version was released on...more

White & Case LLP

Turning to Transmission: A Critical Connection in the Energy Transition

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Building on the sweeping climate and energy goals set forth by the Biden administration, the spotlight turns to transmission development and power grid infrastructure. An array of federal and state proposals may usher in a...more

Mayer Brown

Energy Storage Tax Credits in the Biden Administration FY 2022 Budget, GREEN Act and Clean Energy for America Act

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As the renewable energy sector has grown in recent years, thanks in part to federal income tax credits, researchers and policymakers have begun to focus on the role of energy storage. Because wind and solar are intermittent...more

Holland & Knight LLP

Climate and Clean Energy Policy State of Play

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Clean energy initiatives and legislation continue to advance with unprecedented direction, momentum and clout in the federal government. President Joe Biden and Congressional Democrats remain fiercely committed to enacting...more

Holland & Knight LLP

The Green Book and Green Energy

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Since the beginning of his presidential campaign, President Joe Biden has made clear his vision to drive the United States toward world leadership in green energy. With tax policy long an important tool in the toolbox for...more

Mayer Brown

Energy Tax Implications of the Administration’s FY2022 Budget Tax Proposals

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On May 28, 2021, the Biden administration (the “Administration”) released its FY2022 budget (the “Budget”), which includes proposed investments related to infrastructure, clean energy and research and development. Alongside...more

Bracewell LLP

2020 Post-Election Analysis: Issue by Issue

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FIRST 100 DAYS - As President-elect Biden stands poised to assume the office he has aspired to for the past three decades, he inherits a national crisis not unlike the one he stepped into as vice president nearly 12 years...more

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