As the call for renewable energy becomes more urgent, both federal and state governments have begun implementing new apparatuses to encourage the production of renewable energy. One mechanism being utilized by many states is called a Renewable Portfolio Standard (RPS) or a Renewable Electricity Standard. These are “regulations requiring or encouraging electricity producers within a…
Tag: Energy
Master Limited Partnerships: Where They Have Been and Where They Are Going
A master limited partnership (“MLP”) is a business that acts like a corporation (meaning it is publicly traded and an investor can buy units of it like it would buy shares of a corporation) but is organized as a partnership—thus not subject to double taxation like a traditional corporation. The first MLP came into existence…