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Harnessing Renewable Energy Tax Incentives under the Inflation Reduction Act

Content Provider
American Law Institute CLE
Product
CLE
Run Time
62 Minutes
Recording Date
12/14/2022
Presenter(s)
Alexander S. Leff, Marc S. Reisler
Learning Method
On-Demand Training
Practice Area
Energy and Utilities and Environment, Taxation
Persona
CLE OnDemand

Price $219.00

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Description

The Inflation Reduction Act of 2022 (the “IRA”) is expected to significantly change the landscape of renewable energy project development, finance, and commercialization in the U.S.. Not only will existing industry players be incentivized to broaden their involvement, but newcomers may also be motivated to take advantage of new tax credit structures being implemented under the Act. In this 60 minute webcast, you’ll get a lay of the land, learn how the IRA is expanding the existing tax credit program to cover carbon capture and storage technologies, as well as new tax credit schemes for the manufacturing of equipment used in renewable energy projects. Our faculty will provide a deep dive into the tax credit provisions that have been newly adopted and expanded for this industry, including the direct pay system and bridge financing. If you provide legal advice in the areas of energy law, real estate, tax and tax equity in transactions, and project finance, or have clients interested in getting involved with renewable energy development, this is a program not to be missed. What You Will Learn Join two attorneys whose practices focus on financing of renewable energy projects as they explore: Renewable energy incentives in the Inflation Reduction Act Tax credits available for carbon capture and storage as well as domestic manufacturing Strategies used to monetize various tax credit schemes Implications for renewable energy developers, financiers, and investors of these new renewable energy incentives

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved1.00General12/31/2024
AlaskaApproved1.00GeneralOn-going
ArizonaApproved1.00GeneralOn-going
ArkansasApproved1.00GeneralOn-going
CaliforniaApproved1.00Participatory12/13/2027
ColoradoApproved1.00General12/31/2024
ConnecticutApproved1.00GeneralOn-going
DelawareApproved1.00General12/13/2024
GeorgiaApproved1.00General12/31/2024
HawaiiApproved1.00General12/13/2025
IdahoApproved1.00General12/13/2027
IllinoisApproved1.00General02/07/2025
KentuckyApproved1.00General06/30/2025
MaineApproved1.00General03/26/2025
MississippiApproved1.00General05/01/2025
MissouriApproved1.00GeneralOn-going
MontanaApproved1.00General12/13/2025
NebraskaApproved1.03General12/13/2024
NevadaApproved1.00General12/31/2026
New HampshireApproved1.00General12/13/2025
New JerseyApproved1.00GeneralOn-going
New MexicoApproved1.00General12/13/2027
New YorkApproved1.00SkillsOn-going
North DakotaApproved1.00General12/13/2025
OregonApproved1.00General12/13/2025
PennsylvaniaApproved1.00General02/05/2025
Rhode IslandApproved1.00General06/30/2025
South CarolinaApproved1.03General12/31/2024
UtahApproved1.00General12/31/2024
VermontApproved1.00GeneralOn-going
WashingtonApproved1.00General12/13/2027
West VirginiaApproved1.24GeneralOn-going
WisconsinApproved1.00GeneralOn-going

Speakers