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2 months ago | 
jdsupra.com | Andrew Beach |Suzanne Clevenger |Lauren Collins
After little more than a week in office, there is still plenty of speculation, but priorities of the Trump 2.0 Administration are becoming more concrete.
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2 months ago | 
jdsupra.com | Mary Alexander |Lauren Collins |Sarah McIntosh
[Co-author: Trey Frye*] On January 10, 2025, the Treasury Department (the “Treasury”) and the Internal Revenue Service (the “Service”) continued their flurry of new guidance by releasing IRS Notice 2025-10 (the “Notice”) concerning the clean fuel production credit available under section 45Z of the Internal Revenue Code of 1986, as amended (the “Code,” and such credit, the “Clean Fuel Production Credit”),1 for certain clean fuels produced and sold between January 1, 2025 and December 31,...
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Jan 17, 2025 | 
jdsupra.com | Mary Alexander |Lauren Collins |Sarah McIntosh
[Co-author: Trey Frye*] On January 7, 2025, the U.S. Department of the Treasury (the “Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations (T.D. 10024) (the “Final Regulations” and the preamble thereto, the “Preamble”) regarding the clean electricity production tax credit and the clean electricity investment tax credit provided by the Inflation Reduction Act of 2022 (the “IRA”)1 and available under new sections 45Y and 48E, respectively, of the Internal Revenue...
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Dec 9, 2024 | 
jdsupra.com | Mary Alexander |Lauren Collins |Sarah McIntosh
[Co-author: Trey Frye*]On December 4, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations [TD 10015] (the “Final Regulations”) for the energy credit available under section 48 (the “ITC”) of the Internal Revenue Code of 1986, as amended (the “Code”).1 This is likely the beginning of a concluding effort by the current administration to finalize numerous Proposed Regulations issued under the Inflation Reduction Act of 2022.
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Oct 31, 2024 | 
jdsupra.com | Mary Alexander |Lauren Collins |Sarah McIntosh
On October 24, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations (the “Final 45X Regulations”) regarding the Advanced Manufacturing Production Tax Credit (the “AMP Credit”) under section 45X of the Internal Revenue Code of 1986, as amended (the “Code”).
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May 31, 2024 | 
velaw.com | Sean Moran |Seán Moran |Lauren Collins |Peter Rogers |Sarah McIntosh
By Sean Moran, Lauren Collins, Peter Rogers, Sarah McIntosh, and Hoo Ray On May 31, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service continued to churn out Inflation Reduction Act of 2022 (“IRA”)1 guidance by releasing Notice 2024-49 (the “Notice”) regarding the clean fuel production tax credit (the “45Z Credit”)2 available under new section 45Z of the Internal Revenue Code of 1986, as amended.
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Apr 29, 2024 | 
jdsupra.com | Mary Alexander |Lauren Collins |Sarah McIntosh
On April 25, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations (T.D. 9993) (the “Final Transfer Regulations”) regarding the transfer election for certain tax credits by eligible taxpayers available under section 6418 of the Internal Revenue Code of 1986, as amended (the “Code”).1 Our prior coverage of the proposed regulations regarding the transfer election can be found here.2 The most notable aspect of the Final...
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Mar 7, 2024 | 
jdsupra.com | Mary Alexander |Lauren Collins |Sarah McIntosh
[co-author: Trey Frye]On March 5, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations (the “Final Direct Pay Regulations”) regarding the direct pay election1 for certain tax credits available under section 6417 of the Internal Revenue Code of 1986, as amended (the “Code”).
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Sep 18, 2023 | 
lexology.com | Lauren Collins |Michael Joyce
Click here to listen to the audio. Climate Week is about to kick off in New York, so Lauren Collins and Michael Joyce, both partners at the law firm of Vinson & Elkins, join the show to talk about what to expect from Climate Week, what kinds of news and announcements they will be keeping an eye on and how the overall conversation about Climate Week — and climate coverage in general — has evolved over the years.
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Jun 6, 2023 | 
jdsupra.com | Alan Alexander |Ryan Bullard |Lauren Collins
Hydrogen can play a vital role in the transition to a carbon-neutral economy, and momentum for it has never been stronger. Both governments and companies see the enormous potential of low-carbon hydrogen for storing energy, for powering a wide array of applications, and for reducing greenhouse gas emissions, especially where doing so has proven difficult.
Please see full Report below for more information.
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