Perspectives on Energy & Cleantech

Americans woke up on Wednesday, November 9, immediately realizing something was different. On their televisions and other devices, they only saw commercials for products, vacation spots, and reality shows.

Partner Mike Showalter will present “Understanding Environmental Justice: Guidance for Regulated Facilities” hosted by REGFORM on December 6, 2022.

ArentFox Schiff has been recognized with 53 top rankings in the 2023 edition of US News – Best Lawyers® “Best Law Firms.”

ArentFox Schiff represented a subsidiary of an investor-owned public utility in its $400 million underwritten public offering of 30-year General and Refunding Mortgage Notes.

A new federal proposal may reduce the burden and costs for wind energy projects and power lines to ensure compliance with federal wildlife protections.

Passed in August of this year, the Inflation Reduction Act (IRA) was heralded by many as a landmark piece of climate legislation in the United States. The IRA’s tax credits for electric vehicles were among its most anticipated benefits. The direct benefits appear to be slow in emerging.

ArentFox Schiff assisted Washington, DC-based BioLPG LLC to enter into a major agreement with Milan-based Green LG Energy S.r.l. (GLGE) to increase funding for further development of the GTI Energy renewables-sourced, green LPG (“bioLPG”) Cool LPG technology.

Following the enactment of the Inflation Reduction Act (IRA) on August 16, the US Treasury Department (Treasury) and the Internal Revenue Service (IRS) recently issued six notices.

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As part of the Illinois Commerce Commission’s (ICC) ongoing effort to draft a Renewable Energy Access Plan, ICC staff is considering methods to encourage transmission development across the state. The draft Plan may influence ICC transmission policy, including Illinois’ participation.

It’s been one year since Illinois passed a sweeping energy bill – the Energy Transition Act, PA 102-0662 – commonly referred to as the Climate and Equitable Jobs Act (CEJA). The law targets 50% renewable electricity procurement by 2040 and 100% carbon-free electricity by 2050.

Sarah Fitts will moderate at the Young Professionals in Energy NYC live panel discussion on September 22, 2022.

In a new report issued September 8, the US Office of Science and Technology Policy (OSTP) outlines the environmental and energy impacts of cryptocurrencies and digital assets and calls for the development of federal and state regulations to mitigate those impacts going forward. 

Partner J. Michael Showalter was quoted on the ways low-income communities could access renewable and clean energy as a result of tax credits, increased federal funding, and other benefits from the recently passed Inflation Reduction Act.

Join Matthew Nolan for the 12th SIPS Symposium on Sustainable Development.

Partner Sarah A. W. Fitts, International Bar Association Power Law Committee co-chair, was quoted on anticipated energy shortages and rising costs throughout Europe.

Projects that produce or recycle wind turbine blades, manufacture energy storage equipment, or refine or blend renewable or low-carbon fuels may qualify for up to a 30 percent tax credit under the Inflation Reduction Act (IRA). The IRA provides some significant wins for US manufacturers.

ArentFox Schiff is pleased to announce that 121 attorneys have been recognized by The Best Lawyers in America 2023, with an additional six attorneys highlighted as “Lawyers of the Year” and 40 attorneys listed as “Ones to Watch.”

This week, President Biden signed legislation designed to infuse billions of dollars into the economy to promote clean energy, manufacturing, and construction through a wide array of tax incentives and grants.

The Metaverse stands to disrupt nearly every industry – fashion, media and entertainment, real estate, sports, the list goes on – presenting immense possibilities and potential risks. We have created the ArentFox Schiff Industry Guide to the Metaverse to answer questions and anticipate concerns.

Today, President Joe Biden signed into law the Inflation Reduction Act of 2022 (the “Act”). Although the proposal further restricting the availability of long-term capital gain treatment with respect to carried interests ultimately was dropped from the final version of the bill.

The Inflation Reduction Act of 2022 (IRA), has several primary goals, including: promoting clean energy, manufacturing, and construction through a wide array of tax incentives and grants; and raising revenue through the primary mechanisms of a new corporate alternative minimum tax.

Regulators at all levels – federal, state, and local – seek to address climate concerns. On July 27, Washington, DC, joined localities banning natural-gas hookups when Mayor Muriel Bowser signed an ordinance limiting use of fossil fuels like natural gas in newly constructed buildings.

US Senate Democrats Chuck Schumer and Joe Manchin reached a compromise on the fiscal year 2022 budget reconciliation that includes $369 billion in new spending to spur clean energy and technology over the next decade. The bump in spending would be off-set by corporate tax changes.

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