On June 14, 2023, the IRS released proposed regulations and additional guidance describing rules for applicable taxpayers to benefit from investments in renewable energy projects through a direct payment of the tax credit amount or by transferring (i.e., selling) the tax credit to an unrelated taxpayer in exchange for cash.
Taxpayers seeking direct payment or
On May 25, 2023, after more than 15 years of fighting, a couple contesting the Environmental Protection Agency’s assertion of jurisdiction over their residential lot as “waters of the United States” (WOTUS) under the Clean Water Act (CWA) scored a decisive victory in a U.S. Supreme Court decision, Sackett v. EPA. Chantell and Mike
Governor Gavin Newsom announced proposed major new infrastructure permitting reforms on May 19, 2023 in an effort to create thousands of jobs and build California’s clean energy future. The eleven-bill package seeks to expedite certain water, transportation, clean energy, semiconductor, and microelectronics projects, including water recycling and desalination plants, solar fields, offshore wind farms, the
The Court’s decision has prompted the US Army Corps of Engineers to freeze jurisdictional determinations for permitted activities pending additional guidance.
By Michael G. Romey, Lucas Quass, and Peter R. Viola
On May 25, 2023, by a narrow 5-4 majority, the US Supreme Court ruled in Sackett v. EPA that the Clean Water
The 2023 Chambers USA Guide recognized the Energy & Natural Resources Practice of global law firm Greenberg Traurig, LLP on its nationwide list. The UK-based publisher, Chambers and Partners, selects attorneys and practice areas for inclusion constructed from more than 47,000 interviews with practicing lawyers and clients around the world. GT’s Energy Practice ranked in six related
Greenberg Traurig Shareholder Thomas R. Brill will present at the California Hydrogen Leadership Summit, hosted by the California Hydrogen Business Council. Tom will speak on the topic of “Hydrogen for Reliable and Resilient Electrical Grids” on Tuesday, June 20 from 9:15am – 10:00am PT.
The summit, sponsored by Greenberg Traurig, will explore the policies,
Members of the Rangers led the First Continental Army during America’s Revolutionary War, and their “No man left behind” motto became a central fixture of U.S. military protocol. The slogan communicated the need to make sure that EVERYONE was taken care of. But do we have the same policy when it comes to levees? At the Federal level,
The move represents a step forward for the small modular nuclear reactor industry, but legislative uncertainty over new nuclear facilities in the US remains.
By Marc Campopiano, Lucas Quass, and Shawna Strecker
As part of long-range plans to address climate change, many states have adopted policies to spur the transition to a low-carbon
On June 3, 2023, President Biden signed the Fiscal Responsibility Act of 2023 (“FRA”) into law, extending the U.S. debt limit into 2025. As part of the Congressional deal, FRA also contains amendments to the National Environmental Policy Act (“NEPA”), including narrowing NEPA’s scope of consideration, streamlining the documentation of NEPA, and setting time limits,
On June 1, 2023, Arizona Governor Katie Hobbs revealed the results of a new groundwater model prepared by the Arizona Department of Water Resources (“ADWR”) that predicts the future availability of groundwater for pumping throughout most of the Phoenix Active Management Area (the “Phoenix AMA”) over the 100-year period mandated by ADWR’s Assured Water Supply