Renewable energy developers breathed a sigh of relief Tuesday when the Internal Revenue Service and Department of the Treasury issued guidance extending the safe harbor for wind and solar projects to qualify for the investment tax credit (ITC) and production tax credit (PTC).
By the time the March 8, 2019 bill filing deadline for the 86th Texas Legislature passed, many bills concerning the electric industry had been filed. Storage, cybersecurity of the electric grid, and capital project tax abatements are among the energy issues Texas lawmakers are considering. This reviews the major filed bills before the current Texas Legislature.
President-elect Donald Trump’s appointment of Oklahoma Attorney General Scott Pruitt confirms that the Trump administration and its appointees will not continue to support attempts by the U.S. Environmental Protection Agency (EPA) to address climate change. Pruitt, who has referred to the debate regarding global warming as “far from settled,” has filed several lawsuits against EPA challenging regulations that limit such emissions from the coal, oil, and natural gas industries, including an EPA rule implementing the Clean Power Plan by requiring states to