Friday, September 16, 2011

Energy Tax Incentives and Prospects for Reform

is being presented by Patrick Bousliman, Senior Policy Advisor, Holland & Knight, LLP and airs on Tuesday, October 18th, 2011. For more details, or to register please visit our site at www.fxconferences.com

What lies in store for the energy industry and its tax treatment? This audio conference presentation looks at energy tax incentives, particularly those for wind and solar power, in the context of growing budget deficits and Super Committee deliberations. Our speaker discusses the prospects for extending the production tax credit (PTC) for wind facilities, as well as the investment tax credit (ITC) for solar projects. The wind credit expires next year, and the industry will push hard for its extension. The solar credit doesn't expire until 2016, but many in the industry are concerned that the ITC will be targeted if incentives for other energy industries - such as oil and gas - are considered for repeal or modification. To that end, the speaker provides insight on deliberations of the Joint Select Committee, also known as the Super Committee, including what, if anything, that 12-person group might agree to. Finally, the presentation addresses options for reform of energy tax expenditures, including proposals to tie these expenditures to a performance standard.