The Internal Revenue Service issued Notice 2023-17 providing guidance on the Low-Income Communities Bonus Credit Program established under Internal Revenue Code Section 48(e) including environmental justice solar and wind capacity limitations for qualified solar and wind facilities eligible for the Investment Tax Credit (ITC). Notice 2023-17 provides initial guidance on the overall program design, the
The Internal Revenue Service issued Notice 2023-18 establishing a program to allocate $10 billion of credits for qualified investments in eligible qualifying advanced energy projects under Internal Revenue Code Section 48C(e). The goal of the program is to expand U.S. manufacturing capacity and quality jobs for clean energy technologies, to reduce greenhouse gas emissions in
A few weeks ago, the U.S. Supreme Court heard argument in a tax case about attorney-client privilege. See In re Grand Jury, No. 21-1397 (U.S. arg. Jan. 9, 2023). The outcome would have potentially had a real impact on how environmental practitioners think about environmental audits, environmental management systems, and other circumstances in which an
Environmental Practice Shareholder Paul R. McIntyre is featured in a Law360 Pulse article titled “Post & Schell Enviro Atty Returns To Greenberg Traurig.” The article also discusses Paul’s team of attorneys: Of Counsel Michael P. Canavan and Associates Julie Dostal, Molly K. O’Neil, and Travis Coon. The group’s practice focuses on environmental
On Jan. 26, 2023, the Environmental Protection Agency (EPA) solicited public input to inform two new Inflation Reduction Act (IRA) programs creating standards and labeling for construction materials that have “substantially lower levels of embodied greenhouse gas emissions.” Section 60112 of the IRA appropriates $250 million for grants and technical assistance to manufacturers, States, Indian
In this episode of Greenberg Traurig’s E2 Law Podcast, attorneys Steven Russo, Zackary Knaub, and Jane McLaughlin discuss New York State’s cap-and-invest program to limit greenhouse gas emissions and share revenue with New Yorkers from disadvantaged communities to help cover utility bills, transportation costs, and decarbonization. The program is expected to help New York
Continuing the trend toward protecting environmental justice communities, New York Gov. Hochul is expected to sign a chapter amendment to a recently passed bill that would have established new standards under the State Environmental Quality Review Act (SEQRA) – New York’s “Little NEPA” environmental review statute. The bill would also have changed the procedures employed
COVID-19, economic and logistical challenges, and a new administration have resulted in considerable changes to the regulated community. To better understand and help prepare for these challenges and changes, Greenberg Traurig has joined with industry consultants, community advocates, and government regulators to host an Environmental, Health and Safety (EHS) Summit on Jan. 26, 2023, in
Thomas R. Brill, a member of GT’s Energy & Natural Resources Practice, was quoted in a Law360 article titled “California Legislation And Regulation To Watch In 2023.”
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Earlier this month, the Environmental Protection Agency (EPA) published a “supplemental notice of proposed rulemaking,” calling for comments on air pollution standards for control of methane emissions from new and existing facilities in the oil and natural gas industry. See 87 Fed. Reg. 74,702 (Dec. 6, 2022). Among those standards are specific rules concerning “super-emitter”