With a global shift toward sustainable energy sources gaining momentum, it is imperative for businesses to understand the legal implications and regulatory developments involved in the global energy transition. Jones Walker’s "Energy Transition ERA: Environmental, Renewables & Alternative Energy" series provides timely updates on the latest developments in decarbonization, as well as practical advice for businesses as they navigate these changes.
Investments and tax incentives provided by the Inflation Reduction Act of 2022 (IRA) and the US government’s ambitious climate goal of reaching net zero emissions by 2050 have fueled a push for alternative clean energy sources.
Watch Ilsa Luther discuss roles that hydrogen and ammonia play throughout the different stages of the energy transition movement.
The Inflation Reduction Act of 2022 (IRA) incentivizes clean energy jobs by incorporating labor requirements and promoting workforce development within the United States. The IRA introduced proposed regulations (REG-100908-23) and frequently asked questions with guidance on how taxpayers can document compliance with the new wage and apprenticeship requirements to qualify for the full renewable energy tax credits and deductions under the IRA.
Watch Shawn Daray discuss the incentives available to companies working in the clean energy space.
As such, all participants in the offshore wind industry should remain mindful of vessel and employment classifications when considering project development, insurance needs, indemnity obligations, and risk management.
Will this be a fix for you, or will you be fixed? What all developers and other interested parties need to know about how grid operators are responding to the rapid increase in the number of grid interconnection applications.
Find out more about issues facing current renewable energy tax credit purchasers.
Watch Meghan Smith discuss more about issues facing current renewable energy tax credit purchasers.