Texas Lawyers to Feast on New Energy Law
Energy transition attorneys are gearing up for an uptick innovation investment and M&A activity expected to be spurred by the passage of the Inflation Reduction Act. The IRA, signed yesterday by President Biden, contains $369 billion of climate and clean energy provisions, as well as $60 billion for environmental justice initiatives and provides incentives for substantial investments in rural communities. Significant to the Texas economy, the new law significantly rewrites the tax incentives for renewable energy and climate change mitigation under the federal tax code.










