A Small Tax Change, Big Clean Energy Results: Master Limited Partnerships

Third Way’s Clean Energy Program

Event Info

  • Date:

    3.16.2012

  • Time:

    2:00 pm - 3:00 pm EST

  • Location:

    Washington, DC

Topics

  • A Small Tax Change, Big Clean Energy Results: Master Limited Partnerships
    (Jordan M. Collins, Panelist )

Jordan Collins will be a panelist on the briefing, "A Small Tax Change, Big Clean Energy Results: Master Limited Partnerships," presented by Third Way and Senator Chris Coons (D-DE).

Almost every one of America’s main global competitor —both advanced economies and emerging ones like China, Brazil, and India—are increasing public and private investment in clean energy. For most, the reason is simple: profits. The race is on to capture a major share of the $2.3 trillion market in clean energy.

The United States, however, is sliding backwards. As a recent Third Way report found, early stage investment in new clean energy technologies is declining. Federal investment in clean energy deployment is likely to disappear. This credit crunch could starve both mature and emerging clean energy companies in America just as the rest of the world races ahead.

If the United States is to play a role in the coming clean energy economy, private capital has to be a major part of our effort. Congress could unleash significant private capital by reforming the tax code to permit the use of master limited partnerships for clean energy projects. This small change could make financing projects like wind farms and utility scale solar much less expensive, encourage more development, stimulate economic growth, and reduce energy costs.

Moderator

  • Josh Freed - Vice President, Clean Energy Program, Third Way

Introduction to Master Limited Partnerships

  • Mae Stevens - Policy Advisor, Clean Energy Program, Third Way

Panelists

  • Mike Lyon - Head of Structured Finance, Pattern Energy
  • Sean Shimamoto - Partner, Skadden, Arps, Slate, Meagher & Flom
  • Jordan Collins - Director of Government Relations, ML Strategies, LLC