The California Public Utility Commission issued a draft decision on October 29th authorizing the use of unbundled and tradable renewable energy certificates (“RECs” or “TRECs”) for compliance with California’s RPS. Continue Reading California PUC Moves to Allow Unbundled RECs
October 2008
New York Establishes Wind Industry Code of Ethics
On October 30th, the New York Attorney General announced a Wind Industry Ethics Code aimed at assuring the public that wind development in the state is done ethically and legally. The Code is the result of an investigation launched by the Attorney General into allegations of improper actions by wind developers to influence landowners and public officials. According…
WOW – Wind on the Water in Wisconsin?
In Spring 2008, the Wisconsin Public Service Commission opened a docket and created an external Study Group to complete a study to assist with examining the technical feasibility, economic potential, environmental impacts, and legal requirements associated with developing wind energy on Lake Michigan and Lake Superior. Last Friday, the Study Group released its draft report, with the…
Congress Extends PTC and ITC–More Analysis to Follow
In an email alert that we just sent out, my colleagues in the Stoel Rives Tax Section report:
Today the House passed, and President Bush signed into law, H.R. 1424, which includes the Energy Improvement and Extension Act of 2008 (the Act). The Act contains the much-anticipated extension of the production tax credit (PTC) and investment tax …