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Asset retirement obligations in alternative/renewable energy
When renewable energy companies enter into agreements involving tangible long-lived assets (think leases on properties where solar panels are placed), an asset retirement obligation can arise in the form of a legal obligation to retire the asset(s) at a certain date. Learn more about what you need to do and when.
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INDUSTRY NEWS

Solar advocates say new installations would lower—not raise—electricity prices for Mainers
In 2019, Maine’s Democratic legislature and governor enacted a grab bag of programs aimed at bringing more solar power online. The new legislation produced some quick, high-value projects, some duds, and a debate over what lessons lawmakers should bring into the next legislative session. And the debate continues.

Boston zoning change would require net-zero emissions from new buildings
The city of Boston is laying plans to require newly constructed large buildings to achieve net-zero greenhouse gas emissions, a move supporters hope will help make carbon-neutral design more approachable and mainstream.

Congress takes aim at climate change in massive relief bill
The huge pandemic relief and spending bill includes billions of dollars to promote clean energy such as wind and solar power while sharply reducing over time the use of potent coolants in air conditioners and refrigerators that are considered a major driver of global warming.

What clean energy might look like in 2021
2020 was undoubtedly one of the most tumultuous years in American history—one that was rocked not only by a global health pandemic but also by unprecedented political divisions that infiltrated most facets of life in the country. Despite these trials taking forefront in most minds, a pause button was never pushed on another even more daunting challenge: climate change.

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PO Box 1100 
Portland, ME  04101-1100  USA
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