Key Questions for Local Govts Pursuing Inflation Reduction Act Funds

TL/DR - The Inflation Reduction Action (IRA) provides an opportunity for local government leaders in the US to make substantial investments in sustainable and renewable energy projects, as well as green jobs. To maximize the funding's potential, government leaders, investors, private sector businesses, and community development finance…

Pittsburgh Flooding: Receding Rivers Uncover Extent of Western PA Damage

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New Guidance Boosts Offshore Wind, Challenges Remain: Locke Lord LLP

TL/DR - The IRS issued additional guidance on the Inflation Reduction Act's energy communities provision on March 22, 2024. The guidance expands the criteria for offshore wind projects to qualify for the Energy Communities (EC) bonus credit. The new rules extend the bonus credit's applicability to include ports used for the installation,…