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Hodgson Russ's Clean and Green Law

Monthly Archives: July 2012

Local Property Tax Exemption Option for Green Construction Authorized in New York State

Posted in Green Building, Tax Incentives

On July 18, 2012, New York Governor Andrew Cuomo approved legislation creating Real Property Tax Law Section 470,authorizing local jurisdictions to provide property tax incentives for commercial and residential construction projects that meet “green building” certification standards. The Assembly and State Senate passed the bill unanimously. According to the Legislature, “New York has become proactive… Continue Reading

Expiration of the Production Tax Credit Dominates Discussion at WINDPOWER 2012

Posted in Renewable Energy

Two recent articles—a North American Windpower article by Mark Del Franco and an Associated Press article by Ashley Hopkinson—reported on the opening session of the American Wind Energy Association’s WINDPOWER 2012 Conference & Exhibition in Atlanta. Both articles noted that the discussion focused extensively on the pending expiration of the Production Tax Credit (PTC). The… Continue Reading

Alternative Financing Options for Renewable Energy Projects: The Next Step?

Posted in Renewable Energy

There has been a lot of discussion centered around potential alternative financing options for renewable energy projects over the past several years. In a recent op-ed in the New York Times, Felix Mormann and Dan Reicher of Stanford’s Steyer-Taylor Center for Energy Policy and Finance elaborated on this issue when they highlighted the difficulty in… Continue Reading