After years of crackdown efforts by the Internal Revenue Service, Congress is coming closer to removing incentives that allow enormous tax deductions for conservation easements. Richard Rubin writes in the Wall Street Journal: “A bipartisan group of lawmakers said it hopes to complete legislation to curb tax breaks for land-rights deals this year, but as…
Big Wind and Solar Companies Using ‘Hardball Legal Tactics’
Should rural communities be able to limit the number of wind and solar projects in their regions? Or do the renewable companies have a legal right to put turbines and solar panels on any property they can buy? Complicating the issue is the fact that many renewable projects would not be built without billions of…
Germany to Ramp Up Coal Production
From Tsvetana Paraskov of OilPrice.com. “Germany will rely more on electricity generation from coal in order to conserve gas and fill its gas storage by winter, German Economy Minister Robert Habeck said on Sunday, outlining measures to save gas after Russia last week reduced supply to some of its biggest customers in Europe. “As a first…
Stanford’s New Sustainability School Gets Heat for Welcoming Funds from Fossil Fuel Companies
John Doerr, a venture capitalist who made billions of dollars in the tech industry, is giving $1.1 billion to Stanford University to set up a school for sustainability. It is the largest-ever gift to Stanford. Wrote David Gelles in the New York Times: “The school, to be known as the Stanford Doerr School of Sustainability,…