An Energy Policy Everyone Can Support (Daily Finance)
For investors who have followed the energy sector lately, Master Limited Partnerships (MLP) have more than likely come up in conversation. This MLP structure provides unique tax advantages for qualifying companies and provides investors with high-yielding investments ideally suited for those seeking income investments. The key phrase there is "qualifying companies," and that's where the Master Limited Partnership Parity Act comes into play.
The MLP Parity Act, though, would expand the definition of qualifying industries to include wind, biomass, geothermal, solar, municipal solid waste, hydropower, marine and hydrokinetic, fuel cells and combined heat and power projects, certain renewable transportation fuels, carbon capture and storage, waste heat to power, renewable chemicals, and energy-efficient building projects.
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