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FERC Decision Puts State Renewable Portfolio Standards At Risk

Green Building Law Update

In a decision that critics have called “unprecedented” the Federal Energy Regulatory Commission on December 19, 2019 issued an Order Establishing Just And Reasonable Rate “to protect the competitive capacity market administered by PJM Interconnection, L.L.C.” state renewable portfolio standards) the loser.

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179D Tax Deduction Allocated from Government Buildings

Green Building Law Update

On December 20, 2019, the President signed legislation reviving the Section 179D energy efficient commercial building tax deduction and while much has been written about the much needed boost to green building, little has been said about the enormous benefits available from government owned buildings. IN GENERAL. EFFECTIVE DATES.

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179D Tax Deduction Brought Back to Life thru 2020

Green Building Law Update

Significantly, the Tax Extender and Disaster Relief Act of 2019 amended the Internal Revenue Code of 1986, providing, SEC. – Section 179D(h) is amended by striking ‘‘December 31, 2017’’ and inserting ‘‘December 31, 2020’’. It is dramatic that this tax deduction was revived back to December 31, 2017 (. IN GENERAL.

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Dodge Momentum Index Moves Higher in December

Construction Superintendent Magazine

in December to 156.2 The momentum index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. In 2019, the commercial. a decline of 3.7%

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Building Material Prices and Availability Top Builders’ List of Challenges

Pro Builder

Building material prices, availability, and time it takes to obtain building materials are the biggest problems builders faced last year, and they expect these issues to continue through this year. For availability and time to obtain building materials, 78% of builders struggled and 80% expect this issue to carry on. Read More. .

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New SEC Guidance Portends More Stockholder ESG Activism

Green Building Law Update

I am excited to be presenting a fast paced and fun one hour virtual program, “Environmental Social Governance (ESG) an Emergent and Fast Growing Area of the Law” for the Maryland State Bar Association Environmental & Energy Section on December 14, 2021 at noon. Registration will be open to all; not just lawyers. Save the Date.

Legal 156
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Supply Chain Issues Cause Sky High December Prices

Pro Builder

Supply Chain Issues Cause Sky High December Prices. Persistent supply chain challenges drove consumer prices to new highs for the month of December. The Consumer Price Index rose 7 percent throughout 2021, pushing up prices in December at the fastest rate in nearly 40 years, The New York Times reports.