Having first reported to our readers in February that LexisNexis had nominated the Stoel Rives Renewable + Law Blog for its Top 50 Environmental Law & Climate Change Blogs for 2011 award, we are pleased to announce we made the list of winners! In publishing its Top 50 list, LexisNexis declared that our Renewable +

The Obama Administration last week released its proposed budget for 2012, which includes a number of tax proposals that could have a direct impact on the financing of renewable energy projects. Some of the more significant proposals include extension of the grant in lieu of tax credits, an additional allotment of qualified advanced energy manufacturing

Congress yesterday passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the Act), which extends several expiring renewable energy and fuel tax incentives and includes some new incentives that could provide significant benefits to renewable energy projects. The President signed the Act earlier today. Among the more significant provisions in the

As many of you have heard, this morning the House of Representatives passed the Senate compromise tax bill by a vote of 277-148.  The bill now goes to the President for his signature.

For the renewables industry, this is extremely good news.  The bill extends the deadline for beginning construction for the section 1603 grant

As some of you may have heard, the Senate today passed its version of the tax compromise by a vote of 81-19.  The bill includes an extension of the deadline in section 1603 for beginning construction through 2011.  The size of the majority is a strong signal to the House that the Senate may not

For those of you interested in the machinations in Congress over the tax cut extensions, especially concerning renewable energy, here is the latest:

Yesterday, the Senate released what it termed a "final compromise" bill.  That bill should be voted on in the Senate very soon.  It reflects negotiations within the Senate and between the Senate

Today, Majority Leader Harry Reid and Senate Finance Committee Chair Max Baucus released their proposal for a middle class tax cut.  Although far from the final product, the bill gives us some insight into thinking on the Senate side.

From a renewable energy standpoint, the most important proposal is a one-year extension of the ITC

Updated at bottom

The following is a question I received, which I thought I would answer on the Blog:

Greg, as the expiration for the 1603 grant gets closer, two questions? 1) what are the chances of the grant being extended and 2) what are the modifications to the 1603 that you see coming January