Dirt Alert

EPA’s tracker provides federal guidelines and updates for carbon capture and storage (“CCS”) projects but no guarantee of a timely Class VI permit approval. The U.S. Environmental Protection Agency (“EPA”) recently published a new tracker (available at this link) that details the EPA’s progress in reviewing Class VI permit applications.  […]

These exemptions would help certain solar energy projects avoid significant public disclosure and delay. On November 16, 2023, the U.S Department of Energy (“DOE”) issued a Notice of Proposed Rulemaking for regulations related to solar energy generation facilities.  The Notice seeks comment on updated exceptions from National Environmental Policy Act […]

The proposed regulations clarify what property qualifies for the credit, which taxpayers qualify for increased credit amounts and several other key aspects of the ITC. The Department of the Treasury (“Treasury”) and Internal Revenue Service (“IRS”) proposed regulations on November 17, 2023, that would clarify key components of the Investment […]

Proposed IRS regulations clarify that political subdivisions, electrical cooperatives and other tax-exempt entities qualify to receive direct payments in lieu of clean-energy tax credits. The Internal Revenue Service (“IRS”) recently proposed regulations that clarify which entities qualify for the “direct pay” benefit under the Inflation Reduction Act (“IRA”).  These credits […]

This report, prepared by Partner David Levy and Associate Lee Greenwald, reviews the benefits of of renewable energy in Nebraska. View the full report here:  Impacts of Wind and Solar Energy Development on Property Taxes and Rural Economies in Nebraska