Highlights of the budget for Energy NL include a plan to improve the efficiency of the impact assessment process for major projects, support for offshore wind, the Clean Hydrogen Investment Tax Credit, the Clean Technology Investment Tax Credit, and the Carbon Capture, Utilization, and Storage Investment Tax Credit.
The first Annual General Meeting of Energy NL occurred virtually on Tuesday and included reports from the CEO and treasurer, remarks by the incoming and outgoing chairs, and results of the board of director election process.