News & Analysis as of

Climate Change Green Energy Biden Administration

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - September 2024

In June 2024, the U.S. Department of the Treasury and IRS announced that U.S. consumers have saved more than $1 billion in upfront costs on their purchase of more than 150,000 clean vehicles since January 1, 2024, thanks to...more

Holland & Knight LLP

The Inflation Reduction Act's Labor Rules for Energy Tax Credits and Carbon Capture

Holland & Knight LLP on

President Joe Biden signed the Inflation Reduction Act (IRA) into law on Aug. 16, 2022. The massive legislative package revises policy on taxes, healthcare, agriculture and energy. In particular, the IRA modifies and expands...more

Harris Beach PLLC

Key Tax Provisions of the Inflation Reduction Act of 2022

Harris Beach PLLC on

On August 16, 2022, President Joe Biden signed the Inflation Reduction Act of 2022 (the “Act”) into law. Among its provisions, the Act provides the biggest investment ever in the US to fight climate change, places a cap on...more

Latham & Watkins LLP

Biden Signs Climate Bill With Transformative Changes to Clean Energy Tax Incentives

Latham & Watkins LLP on

The Inflation Reduction Act ushers in the largest clean energy tax credit package in US history. Key Points: • Wind and solar tax credits receive a multi-year extension at full rates, and solar projects are eligible...more

White & Case LLP

New US Climate Bill Seeks to Promote Domestic Content in Clean Energy Projects

White & Case LLP on

On July 27, Senate Majority Leader Chuck Schumer (D-NY) unveiled a budget reconciliation bill entitled the Inflation Reduction Act of 2022 ("IRA"), which would implement core components of President Biden's agenda on...more

Foley Hoag LLP - Environmental Law

Inflation Reduction Act Aims to Propel EV and Clean Fuel Vehicle Adoption

The Inflation Reduction Act looks to accelerate the adoption of clean vehicles by reforming the related tax credits in a number of key ways.  Specifically, the bill does the following. The Biden Administration set a target...more

White & Case LLP

House “Build Back Better Act” Sets Stage for Trade Disputes Over Green Energy

White & Case LLP on

On November 19, the House of Representatives approved a budget reconciliation bill entitled the Build Back Better Act (H.R. 5376), which contains President Biden’s core legislative priorities related to healthcare, the...more

Foley Hoag LLP - Energy & Climate Counsel

Infrastructure Package Makes New Investments in the Electric Transportation Future

The Infrastructure Investment and Jobs Act signed into law today not only makes critical investments in our core infrastructure, it creates several new programs to support the increasing electrification of the transportation...more

Baker Donelson

2021 Brings A New Approach to Environmental Issues: The Biden Agenda

Baker Donelson on

With the 2020 election over and Joe Biden declared the winner, dramatic changes are expected in a number of significant national policies, perhaps most dramatically in the area of the environment. Immediately upon being sworn...more

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