Law360 Quotes Shariff Barakat on Treasury Department Proposal for Green Energy Project Tax Credits
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For its article “Direct Pay Regs Would Lift Major Barrier For Energy Projects,” Law360 quoted Akin projects & energy transition partner Shariff Barakat. The article addresses a proposal from the U.S. Treasury Department that would give partnerships access to direct payments of tax credit for green energy projects.
Shariff said that the oil & gas industry frequently arranges similar arrangements in which multiple well or mine owners enter into a joint operating agreement whereby one owner coordinates the activities of the others.
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