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DOE Releases Green Lease Website, and More Musings on the Split Incentive "Problem"

Green Building Law Blog

The Department of Energy and several interesting partners (both BOMA and NRDC, for example) have launched a website consolidating green lease resources. A number of public agency versions of leases, as well as some guidance documents are included. Energy costs represent about $1 per square foot, in a $150+ per square foot lease.

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Study Finds New Natural Gas Development Could Create More Than 45,000 Jobs And $9 Billion In Economic Development In Illinois

Buisness Facilities Contributed Content

The economic impact could be even greater: The study’s estimates are conservative in part because they do not include the economic impact of land leases that would be given to local landowners, nor does it look at what could happen if exploration discovers extractable oil deposits, such as what was found in western North Dakota. .

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

Buisness Facilities Contributed Content

The federal Bureau of Land Management, which has subsurface mineral rights for much of the Monterey shale field, in December sold about 15 leases for thousands of acres of potential shale development in California. It is anticipated that the Draft EIR will be brought before the Planning Commission for certification in March 2013.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Small Producer Credit (AS 43.55.024(c)): Credit of up to $12 million per year for taxpayers incurring eligible oil and gas lease expenditures in North Slope operations.

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Cover Story: New Energy Powers Growth

Buisness Facilities Contributed Content

With 32 ports statewide, Louisiana offers six deep-draft ports capable of transferring large quantities of cargo, is one of only two U.S. Minnesota also is in the process of negotiating contracts with grantees for its NextGen Energy program. Already the nation’s No. 2 crude oil producer and No. billion in project investment.