News & Analysis as of

Subsidies Clean Energy

Hinckley Allen

Final Regulations for Energy Investment Subsidies Available to Tax-Exempt Entities

Hinckley Allen on

On March 5, 2024, the IRS issued final regulations under Internal Revenue Code Section 6417 (the “Final Regulations”) with respect to energy tax credits which are directly payable to State and local governmental entities as...more

Troutman Pepper

Guidance Suggests U.S. Clean Vehicle Subsidies Require Disengagement From China Supply Chains

Troutman Pepper on

On December 1, the U.S. Department of Energy (DOE) released long-awaited proposed guidance defining “foreign entity of concern” (FEOC) under the Infrastructure Investment and Jobs Act (IIJA). Simultaneously, the U.S....more

A&O Shearman

Japan unveils green subsidy programme – can it compete with the U.S. Inflation Reduction Act?

A&O Shearman on

The Japanese government’s ambitious support package aims to unlock USD1 trillion of investment in low carbon infrastructure over the next decade. We break down the draft law and explore some of the issues that still need...more

White & Case LLP

US and EU Commit to Making Deal on Electric Vehicle Subsidies; Unveil more Cooperation on Green Energy and Economic Security

White & Case LLP on

The US and EU announced a range of commitments on green energy and economic security cooperation on March 10, 2023, in a meeting between European Commission President Ursula von der Leyen and US President Joe Biden. The most...more

Mintz - Energy & Sustainability Viewpoints

NY Federal Court Dismisses Case Against Subsidies for Nuclear Energy

On July 25, 2017, the U.S. District Court of the Southern District of New York dismissed a case brought by fossil fuel generators against New York’s recently established zero emission credit program....more

Holland & Knight LLP

New York Federal District Court Decision Supports State’s Role in Furthering Clean Energy

Holland & Knight LLP on

For the third time in the past month, a federal court has upheld a state program to pursue support for clean energy, including renewable energy certificates (RECs), and zero emission credits (ZECs) in New York and Illinois....more

Mintz - Energy & Sustainability Viewpoints

DOE Releases 2014-2015 Offshore Wind Technologies Market Report

On September 29, 2015 the Department of Energy released the 2014-2015 Offshore Wind Technologies Market Report, assessing the nation’s offshore wind potential and planned projects through June 30, 2015. The report summarizes...more

McCarter & English, LLP

How Large Energy Users Should Respond to the Clean Power Plan

When the Environmental Protection Agency (“EPA”) released its widely anticipated Clean Power Plan (the “CPP”), a Final Rule regulating carbon dioxide emissions from the nation’s existing electric generating facilities, the...more

Blank Rome LLP

Obama Energy Official: Nuclear Plants Essential To Our Carbon Reduction Goals

Blank Rome LLP on

Peter Lyons, the Department of Energy’s (“DOE”) assistant secretary for nuclear energy, outlined the Obama Administration’s reasons for supporting nuclear power in the United States at the Platts 10th Annual Nuclear Energy...more

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