Although its official name is the Inflation Reduction Act of 2022, this wide-ranging tax and spending measure that was signed into law in August might be more accurately described as an energy-related tax incentives act. The new law, commonly referred to as the IRA, contains more than $270 billion in energy- and climate-related tax incentives, including 11 new programs to encourage businesses and individuals to produce and use clean or renewable energy. It also extends or expands another 14 energy-related tax incentives. (more…)
Humanitarian Design in Architecture – Fighting Climate Change, Promoting Community, and Fostering Energy Efficiency
By Guest Writer, Maverick Esser, with an Introduction by Steve Carter, CPA, Assurance & Advisor Principal
ASL Renewable Energy Group
For some reason, I found myself really struggling with finding an interesting topic for this edition of the ASL Advisor. I was hoping to somehow discover a timely topic that impacts us all, yet offers some form of viable solutions to the critical, if not dire, challenges facing our global environment.
In one of my Managerial Accounting classes at Santa Clara University, I was fortunate to have an extremely bright and talented young student who is looking at our world with a unique vision of practicality. In addition, even more exciting and hope raising, he is finding ways to put solutions into action! (more…)
Introduction to Renewables – Part Two
By Patrick Ngai, CPA, Audit Manager
ASL Renewable Energy Group
Welcome to Part Two of our Introduction to Renewables. Last time (Introduction to Renewables – Part One), we discussed what exactly a renewable certificate is and how it is used to address greenhouse gas (GHG) emissions. This time around, we will talk about carbon offsets – the other, more direct method to address GHG emission. (more…)
Green-e Energy National Standard Updates
By Patrick Ngai, CPA, Audit Manager
ASL Renewable Energy Group
Started in 1997, Center for Resource Solution’s (CRS) Green-e Energy Program has become one of the nation’s largest certification programs for the Green Power market today. The Program is governed by two documents: the Green-e Energy National Standard, which provides the requirements for the types of resources that are eligible to generate certified Renewable Energy Certificates (RECs); and the Green-e Code of Conduct, which dictates how program participants (Participant) can market their certified REC products.