Governments globally are grappling with difficult decisions about green energy policies: maintain green initiatives or remove the strains on economic growth? It is interesting to look across the globe for examples of how different Governments are reacting. In recent months, the UK has opted to “tweak” its green levies to save households an anticipated average … Continue Reading
On Monday this week a consortium of thirteen investment banks announced their support for a set of “Green Bond Principles” that are intended as voluntary guidelines to encourage greater and more consistent transparency, disclosure and integrity in the development of the burgeoning Green Bond market. Green Bonds are a category of debt instruments issued by … Continue Reading
Here at Inside Energy & Environment we are honored to share that Law360 has named Covington’s energy practice as a 2013 “Energy Practice Group of the Year.” In giving this award, Law360 recognized the breadth of Covington’s practice capabilities (including litigation, transactions, regulatory and government policy) in both the traditional energy and clean energy sectors, … Continue Reading
In what some might view as a Holiday surprise, the IRS and Treasury today released a safe harbor revenue procedure for a partnership’s allocation of historic rehabilitation tax credits. While on its face the guidance is limited to the housing rehabilitation credit, in the absence of other guidance, it should provide important insights into the … Continue Reading
