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McNees Wallace & Nurick LLC: Department Issues Timely Guidance on Oil and Natural Gas Interests

By Randy L. Varner On October 10, 2012, the Department of Revenue issued Informational Notice 2012-04, dealing with the Realty Transfer and Personal Income Tax treatment associated with the division and transfer of interests in oil and natural gas. While the Department does not break any new ground...

State Net Capitol Journal: Renewable Energy Becoming Battleground Issue

Last month's "fiscal cliff" deal temporarily extended several federal renewable energy incentives, such as the tax credit for producers of wind energy. But with investor confidence in renewable energy still somewhat shaky in comparison to more established energy sources like natural gas...

DLA Piper Climate Change Alert: EPA Announces Carbon Regulations For Existing Power Plants

By Deborah E. Jennings , Andrew B. Schatz and Catherine B. Campbell The Environmental Protection Agency has announced long-awaited regulations to reduce carbon-dioxide (CO 2 ) emissions from existing power plants pursuant to the Clean Air Act. EPA's Clean Power Plan would for the first time establish...

State Net Capitol Journal: Renewable Energy Offsets Collapse Of Coal

The U.S. coal industry has endured a precipitous decline in recent years. A Duke University study indicated that the industry shed 49,530 jobs between 2008 and 2012. U.S. renewable energy, meanwhile, has surged. The Duke study found that wind and solar energy generation provided more than 79,000 direct...