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Publicly Traded Partnership (PTP)

A business structure that is traded on a public exchange (like a stock market) but is taxed like a partnership, meaning profits and losses are passed directly to the owners' personal tax returns, avoiding corporate income tax.

Internal Revenue Code of 1986

The main body of federal tax laws in the United States, which the Internal Revenue Service (IRS) enforces.

Qualified Energy Resource

Specific types of energy sources, such as wind, solar, geothermal, and biomass, that are eligible for certain tax credits and incentives under federal law.

Energy Property

Equipment or facilities, like solar electric property, fuel cell property, or geothermal energy property, that are eligible for investment tax credits under federal law.

Renewable Biomass

Plant-derived organic matter (like agricultural waste, dedicated energy crops, or certain forestry materials) that can be used to produce energy or fuel.

Carbon Capture, Utilization, and Storage (CCUS)

Technologies and processes that prevent large amounts of carbon dioxide (CO2) from entering the atmosphere by capturing it from industrial sources or directly from the air, and then either reusing it or storing it underground.