WSJ: From Beer to Casinos, Businesses Turn to Solar, Wind Power

I spoke to Tim Puko of the Wall Street Journal about the factors driving record corporate investment in renewable energy:

Congress is cool toward more tax-credit extensions and legislation more broadly, lobbyists and bankers added.

“In 2015 industry came in and said this is what we need to reach maturity with our technology,” said Liam Donovan, at the law and lobbying firm Bracewell LLP. “You can only go back with that argument so many times.”

Read the full piece here.

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Toronto Star: Trump backs himself into a corner on wall shutdown after TV address

I spoke to Daniel Dale of The Toronto Star about the ongoing shutdown, the President’s prime time address, and the limited remaining options for resolving the impasse:

He did not take the opportunity to declare a national emergency, as he has mused about doing. An emergency declaration could allow him to tap into potential funding sources for the wall without having to get the usual congressional authorization.

It would also be certain to be challenged in court, likely turning into a long legal battle without an immediate winner. But that, some observers said, may be the best possible outcome for Trump at this point.

“At the moment I think it’s less about getting the wall built and more about getting out of this jam without being seen as capitulating,” said Liam Donovan, a Republican strategist and a lobbyist.

Read the full piece here.

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Bloomberg Tax: Lame-Duck Bill Would Allow Church Politicking, Delay Health Taxes

I spoke to Allyson Versprille of Bloomberg Tax regarding House Republicans’ latest attempt at a lame-duck tax package:

“The clear imperative of this package is to cobble together 218 votes and get it to the Senate, and everything that has been included or omitted was done to that end,” said Liam Donovan, a principal at Bracewell LLP in Washington.

For example, the relief from the various ACA taxes is a major priority of key business groups and the law’s ideological foes, while social conservatives support the provision allowing unborn children to be named beneficiaries of college savings plans, Donovan told Bloomberg Tax in an email.

Other provisions, such as collegiate housing grants for Greek organizations “satisfy noncontroversial niche priorities for individual members,” he said.

“All serve some purpose at the margins toward hitting the magic number,” he said.

Read the full piece here ($).

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