How Biden Tax Plans Would Boost Renewable Energy

Law360 (June 9, 2021, 3:28 PM EDT) -- On May 28, the U.S. Department of the Treasury released the general explanations of the Biden administration's fiscal year 2022 revenue proposals, commonly referred to as the Green Book. The issuance of the Green Book provides further detail on the White House's American Jobs Plan, its proposal for an infrastructure bill.

The Green Book's release comes as Congress works through its own infrastructure proposals. While the various proposals have differences in approach, they indicate strong, continued and expanded support for green energy tax initiatives. The Green Book provides further detail regarding energy tax-related proposals previously announced by the administration.

In general, the...

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