Tax credits for the production of wind power and other renewable energy sources face expiration at year’s end amid few signs Congress will decide to continue them, tax lobbyists and other analysts say.
New Jersey revenue may miss Governor Chris Christie’s targets by as much as $937 million over the next 13 months as collections from online gambling and energy taxes fall short, the legislature’s chief fiscal analyst said.
German utilities can’t rule out becoming embroiled in tax fraud in the power and natural gas industries similar to the scams that hit the region’s emission market four years ago, the head of lobby group BDEW said.
Spain may approve new energy taxes today designed to raise 4.3 billion euros to help cover the higher costs of generating low-carbon electricity and to avoid raising power prices directly, Cinco Dias reported.
The 14 largest U.S. mortgage servicers must pay back homeowners for losses from foreclosures or loans that were mishandled in the wake of the housing collapse, according to consent decrees released yesterday.
Alaska Senator Lisa Murkowski, the top Republican on the energy committee, said there’s bipartisan support for allowing renewable energy companies to tap a tax structure used by oil and natural gas companies.