Going Green

To read the full article, please choose one of the following options:

Puerto Rico's Governor, Luis G. Fortuno, signed into law several measures on July 21 that are intended to promote the development of renewable energy sources in Puerto Rico. Indeed, the new acts set specific energy production goals, while also creating economic incentives to facilitate the necessary investments. In particular, tax benefits in the form of partial exemptions from income, property and municipal taxes have been offered to those firms seeking to benefit from the new scheme. While it remains to be seen how much interest the new policies will create among the business community, we are nevertheless encouraged that the