Energy industry

Energy-policy mess; time is not on your side; cybersecurity planning; and other highlights from our favorite tax bloggers.

Several states have taken steps to temporarily roll back their gasoline taxes, a move the Biden administration is considering backing on the federal level.

U.S. governors from California to New York are proposing tax cuts, rebates and other forms of relief to drivers paying more than $4 a gallon to fill their gasoline tanks amid Russia’s war with Ukraine.

Senators Sheldon Whitehouse and Elizabeth Warren say they’re working on a proposed new tax targeting profits being reaped by oil companies as crude prices spike amid geopolitical tensions.

As companies rush to set climate goals, some aren’t even getting the basics quite right when it comes to accounting for greenhouse-gas emissions.

It’s been 20 years, to the day, since Enron Corp. filed for bankruptcy, forever cementing its legacy as the poster child of corporate fraud.

The latest version of the spending package, which is still being debated, includes a minimum tax of 15% on a corporation’s book income.

The guidance gives renewable energy companies more time to develop projects that were delayed by COVID-19.

An influential group that sets tax-reporting standards for major commodities suppliers will meet to discuss removing the company's representative from its board.

U.S. oil and gas companies, along with their investors, may not be doing enough to reflect the impacts of the climate crisis in their financial reports.

The legislation would overhaul the current menu of energy tax breaks, consolidating credits for renewable energy sources and offering incentives to any energy source that has no carbon emissions.

Two members of the Senate Finance Committee released a discussion draft of a bipartisan energy tax credit bill Monday that could represent a path forward for Republicans and Democrats.

Sen. Ron Wyden proposes ending existing tax breaks for fossil fuels and creating new incentives for low-and-no carbon energy sources.

The plan would eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters.

President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the U.S. economy while combating climate change.

The clean energy industry is rushing to hitch a ride on President Joe Biden’s emerging infrastructure plan, which could top $3 trillion.

The Investment Tax Credit and the Production Tax Credit can provide value in the corporate climate under President Biden.

Plug Power Inc.’s accounting errors sent shares of the fuel-cell maker plunging on Wednesday, dragging down its peers.

More and more accountants are recommending their homeowner clients consider solar panels. Here’s why.

The GREEN Act would encourage residential investments in green energy and energy efficiency, and incentivize greater adoption of zero-emission vehicles, among other things.