Tax equity, largely provided by domestic banks, has been a critical financing source for clean energy projects. The Inflation Reduction Act (IRA) extended and expanded the use of federal tax incentives to various renewable and carbon emission reduction technologies as well as the domestic manufacturing of advanced energy equipment.
Monetizing Energy Tax Credits: A Guide to Transferability and Tax Equity Transactions
The Inflation Reduction Act (IRA) included a range of energy tax credits designed to encourage transitioning to clean energy production, advanced manufacturing, the adoption of clean vehicles (CVs), and reduced greenhouse gas emissions through alternative fuels and energy-efficient technologies.
Locust Grove Council Accepts Donation of Conserved Property by a Webb Creek Managed Entity
The Locust Grove City Council voted at its March 9 regular meeting to accept a donation of conservation land from a portion of an existing subdivision. The vote was unanimous. According to a city staff report, developers inquired about the city obtaining a partially developed phase of the Jubilee subdivision.
Coalition Letter: Tax Administration Must Be Clear and Fair For Conservation Easements
Dear Secretary Yellen:
On behalf of the undersigned organizations, which advocate for millions of taxpayers across America, we write first to offer our congratulations and best wishes to you as the new Secretary of the United States Treasury.
Webb Creek’s Response to August 2020 Senate Finance Committee Report
On August 25, 2020, the Senate Finance Committee (“SFC”) staff issued a bipartisan report on “Syndicated Conservation Easement Transactions” following a sixteen-month fact-finding inquiry into conservation easements donated by partnerships, which originated after lobbyists representing interests on both sides advocated for policies related to these transactions.
Webb Creek’s Response to Senate Finance Committee’s 2019 Inquiry Announcement
On March 27, 2019, the Senate’s Committee on Finance announced a bipartisan fact-finding effort around conservation easements donated by partnerships.
The Conservation Easement Bonanza
What do the likes of Hollywood household names such as Steven Spielberg, George Lucas, Robert Redford and Harrison Ford have in common with business leaders such as Ted Turner and T. Boone Pickens?
Open Season – Again – On Conservation-Minded Taxpayers
This week marked the 50th Anniversary of Earth Day, a time when we are all reminded about what we can do to help nurture our planet. Apparently the Internal Revenue Service didn’t get the memo.
The Environment and Taxpayers Need IRS Guidance on Conservation Easements
The Internal Revenue Service recently took important steps on a number of issues, including carbon capture tax credits, opportunity zones and even cryptocurrency.
2020 a Make-or-Break Year for Market-Based Conservation Solutions
At the start of a new decade, America faces the competing challenges of unprecedented concern for our environment bumping up against growing development pressure that threatens critical landscapes, vital habitats and lands with tremendous environmental value.