EM-2009-01-energy_globe_business.jpgThe U.S. EPA greenhouse gas regulations provided biomass facilities with an important incentive – a unique “deferral” from having to achieve established CO2 emission limits. For certain biomass facilities not being regulated for CO2 emissions had significant benefits from both a capital and operational cost perspective.  There likely are a number of biomass facilities which currently owe their financial viability to the deferral.
Continue Reading Biomass Facilities Lose CO2 “Deferral”

By Donald T. Ross

A critical component of the American Recovery and Reinvestment Tax Act of 2009 (a.k.a. the Stimulus) is the Department of Treasury’s (“Treasury”) Payments for Specified Energy in Lieu of Tax Credits.  Rather than claim a tax credit based on placing certain specified energy property in service, applicants receive a cash grant directly from the United States Treasury during the year in which the property is placed in service.  As with most targeted government incentives, the devil is in the details, particularly as to the timing of the project.
Continue Reading Stimulus Grants for Renewable Energy Projects: How to Make Sure Your Project Qualifies