Energy and Environment News November 2022 | Whuff News

Congress was on recess in October to prepare for the November 8 final election, but executive branch activities related to energy and stability continued.

The Treasury Department and the IRS Want Public Contributions to Tax Incentive IRAs

In early October, the Department of the Treasury and the Internal Revenue Service published six notices soliciting public input on key climate and energy tax incentives in the Income Tax Reduction Act (IRA). As noted by the Treasury, almost a third of the IRA’s climate change investments are provided through tax incentives. A fact sheet on Treasury and IRS implementation of IRAs can be found by clicking HERE.

The six announcements include energy production incentives, credit extensions, home and property incentives, consumer vehicle credits, production credits, and credit financing. Click HERE to access notifications.

Treasury Roundtable on Clean Energy Production and the Affordable Care Act

As part of a planned series of events to solicit input on IRA implementation, Treasury Secretary Janet Yellen joined a panel discussion on October 26 focused on clean energy. He was joined by White House Senior Advisor for Clean Energy Implementation and Innovation John Podesta, as well as Treasury Climate Advisor John Morton and Assistant Secretary for Tax Policy Lily Batchelder. To read about the event, click HERE. Future roundtable discussions will focus on other sectors, including clean vehicles and heavy industry.

The Department of Energy conducts Domestic Battery Manufacturing Awards

The Department of Energy has announced the first round of Bipartisan Infrastructure Act funding for projects to expand domestic production of batteries for electric vehicles and the power grid with equipment and components currently being imported. Click HERE to learn more about the nominees.

GSA and DOE Seek Revenue from Achieving Net-Zero Carbon Buildings

In the FY23 Green Proving Ground program, the US General Services Administration (GSA), in collaboration with the US Department of Energy (DOE), issued a request for information (RFI) about technologies that will help achieve net-zero carbon buildings. RFI focuses on emerging technologies that improve efficiency and promote healthy workplaces, electrify the entire building, facilitate GHG and carbon reduction, provide energy generation and storage systems on site, and deliver electric vehicles and load management solutions. Learn more by clicking HERE.

Legal Opportunities for United Nations

Over the next five years, the Bipartisan Infrastructure Law would establish 60 new DOE programs, including 16 demonstration and 32 deployment programs, and increase funding for 12 existing Research, Development, Demonstration, and distribution (RDD&D).

In November, DOE announced the following funding opportunities:

  • Rural Priority Municipal Security Grant and Technical Assistance Program (Request for Information) to inform DOE’s implementation of the Rural and Applied Cybersecurity (RMUC) Priority Grant Program. The goal of the RMUC Program is to improve the security situation of rural, municipal, and small-scale utilities through investment in operational capabilities, services, technology deployment, and increased participation in intelligence sharing programs. Responses are expected by December 19, 2022.

  • Front-End Engineering Design (FEED) Studies for the Production of Minerals and Materials (CMM) from Coal-Based Resources (Notice of Intent) announcing the upcoming Funding Opportunity Announcement (FOA). The DOE expects to provide up to $32 million with a minimum of 20% cost sharing from the parent. The FOA is expected in the first quarter of the 2023 calendar year.

  • Energy Improvement in Rural or Remote Areas (Request for Information) seeks public input to help inform DOE’s program implementation plans and funding programs to support energy improvement in rural or remote areas. The Rural or Remote Energy Improvement Program is designed, in consultation with the Department of the Interior, to provide financial assistance to improve, in rural or remote areas of the United States, the resilience, security, reliability and availability of energy; and environmental protection from the negative impacts of energy production.

  • Hydropower Funding (Funding Opportunity Announcements) in three FOAs totaling more than $28 million to support research and development projects that will advance and sustain hydropower as an important source of clean energy. Funding will support the expansion of low-impact hydroelectricity (such as the restoration of non-productive dams) and pumped hydro storage, the development of new hydroelectricity pumping facilities, and engaging key voices on issues such as hydroelectricity improvements, sustainability. , and environmental impacts.

As implementation of the Bipartisan Infrastructure Law and the Affordable Care Act continues, the experts at ML Strategies, along with our colleagues at the Mintz law firm, welcome the opportunity to answer any questions about how these important laws may affect your business or organization.

©1994-2022 Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC All Rights Reserved.National Law Review, Volume XII, Number 305

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