Professor Felix Mormann spoke at a public hearing before officials of the Department of Treasury and the Internal Revenue Service on proposed regulations for real estate investment trusts (REITs). Following up on earlier written comments, Professor Mormann argued for a more nuanced approach to distinguish between personal property and REIT-eligible real property. His proposed framework would provide greater guidance to taxpayers and, critically, allow cost-effective REIT financing to drive much needed renovations and upgrades to America’s aging energy and transit infrastructure. Professor Mormann also presented a work-in-progress to policymakers, regulators, utility executives, and fellow academics at the annual Energy Policy Research Conference in San Francisco. Exploring the interplay of market and regulatory risks, his forthcoming paper makes the case for better risk mitigation through closer integration of price- and quantity-based support policies for clean energy. His scholarship explores the financial, regulatory and policy challenges along the path to an environmentally and economically sustainable energy future. Professor Mormann teaches in the areas of contracts, environmental law, energy law, and climate change. He is a Faculty Fellow at Stanford University’s Steyer-Taylor Center for Energy Policy and Finance.
Professor Felix Mormann Speaks at Department of Treasury and Presents Work at Energy Policy Research Conference
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