As previously reported in the PK Law Newsletter, tax planning for the end of 2015 was hampered by the expiration of a number of “temporary” tax provisions routinely extended for a one or two year period by Congress.
Obama Administration
Congress And The President Find Their Way Along A PATH
By Pessin Katz Law, P.A.Sign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Spending Bill Lifts U.S. Oil Export Ban And Extends Tax Credit For Renewables
By Enerknol Research
On December 18, 2015, President Obama signed into law the Consolidated Appropriations Act, 2016 (H.R. 2029), which includes multi-year extensions for federal tax incentives for wind and solar generation facilities and lifts the 40-year-old ban on crude oil exports from the United States. The $1.1 trillion spending bill, which funds the government through September 2016,… Keep reading →
Five Things You Need To Know About The Extension Of The ITC/PTC
By Andres Berry, Thomas Morton, Nicolai Sarad | Pillsbury Winthrop Shaw Pittman LLP
On December 18, Congress approved and President Obama signed into law the Consolidated Appropriations Act, 2016.
The Biggest Energy And Environmental Issues: Highlights From 2015 And What To Expect In 2016
By Elizabeth M. Gore | Brownstein Hyatt Farber Schreck
As 2015 winds down, here are the big accomplishments in the energy and environment space this year and what to expect in 2016.
President Signs Extender Package For PTC And ITC – Renewable Energy Tax Credits
By Douglas Lamb, Durham McCormick Jr. | McGuireWoods LLP
Nearly two weeks ago, Congress passed the omnibus Consolidated Appropriations Act, 2016 and the Protecting Americans from Tax Hikes Act of 2015.
2015 ends on a high note for U.S. energy policy as Congress voted to repeal the obsolete, ‘70s-era ban on crude exports. Dozens of studies agree that lifting the restrictions will put downward pressure on gas prices, reduce the trade deficit, and provide a boost to economic growth and U.S. energy production. Throughout the year,… Keep reading →
EPA Proposes Numerous Changes To Greenhouse Gas Reporting Rule
By Stephen Richmond | Beveridge & Diamond PC
On December 21, 2015, the EPA Administrator signed off on a fairly lengthy package of proposed changes to the GHG Reporting Rule.
When the Environmental Protection Agency issued the final rules for the Clean Power Plan in August 2015, it delayed the start of the interim compliance period by two years, to 2022. This reportedly was done to allow additional time to build the power and gas pipeline infrastructure that the energy industry says is needed to… Keep reading →
U.S. Energy Secretary Ernest Moniz Statement On Conclusion Of COP21 Climate Negotiations
By U.S. Department of Energy
U.S. Secretary of Energy Ernest Moniz released the following statement regarding the conclusion of the COP21 climate change negotiations: “This agreement shows that the world is ready to move towards an innovative era of reductions in heat-trapping emissions that will put us on a path to avoid the worst impacts of climate change. President Obama,… Keep reading →
Energy, Infrastructure Permitting Improvement Legislation Signed By The President
By Rob Lehman, Andrew Spielman, Raya Treiser | WilmerHale
The Highway Authorization Act signed into law by President Obama last Friday, December 4, includes an important set of reforms for streamlining the federal permitting process.
