posts tagged as tax credits
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January 2022
“Before maybe the end of this decade, I see wind and solar being cost-competitive without subsidy with new fossil fuel.” — DOE...
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October 2021
New legislation to benefit biofuel production may soon be forthcoming, according to recent reporting by Reuters. One proposal would use federal dollars to...
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February 2021
In an executive order, President Biden directed federal agencies to “eliminate fossil fuel subsidies as consistent with applicable law.” It was not...
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June 2020
The Internal Revenue Service recently issued guidance to help developers take advantage of tax credits for carbon capture and sequestration systems, which...
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June 2020
The Internal Revenue Service extended the “safe harbor” provisions under the wind and solar tax credits to account for delays companies faced...
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May 2020
According to the International Energy Agency (IEA), 167 gigawatts of renewable capacity are expected to be added in 2020—a decline of 13...