1.The Global Challenge for Energy and Environmental Investment&Peter C.Fusaro 1
2.Creating and Financing the Next-Generation Carbon Offset Project： An Application to Carbon Capture and Storage&Robin Cantor， Praveen Gunaseelan， James Vopelius，and Alexander Bandza 15
3.Carbon Finance in America： A Brief Overview&Justin E.Felt 39
4.Carbon Credits as a Currency for Project Finance&Olivia Fussell， Rena Gelb， and Christopher Kaminker 55
5.Developing Markets for Renewable Energy Certificates and Their Impact on Project Finance&Gregory K.Lawrence and Athena Y.Velie 95
6.Overview of the Development and Financing of Renewable Energy Projects&Karen B.Wong and Allan T.Marks 123
7.Investing in a Green World： Does Green Mean Profitable？&Roger S.Berry 159
8.The “Unique” Challenges Faced by Project Sponsors in Monetizing Offsets&Stanford A.Renas and Noah P.Melnick 167
9.An Overview of Transmission and Interconnection Issues Affecting Renewable Energy Projects&Mark D.Safty and Giji M.John 211
10.Project Finance for Small-Scale Installations： Financing Distributed Generation&Celia Y.David 237
11.Energy Savings Performance Contracts： Legal and Financial Considerations&Craig A.Hart， Kenji Watanabe， William Hughes，and Patrick Duggan 253
12.Contract Force Majeure Under New York Law&Jeremy D.Weinstein 281
13.Failure Is an Option： Bankruptcy Risks and Considerations in Project Finance Transactions&Nathan F.Coco 297
14.Taking an Interest in Carbon： Secured Financing and the Legal Nature of Carbon Credits&Samuel Kramer and Richard Saines 311
15.Secured Hedges in Energy and Environmental Project Finance&Vanessa Tanaka and Daryl Rice 337
16.Multitiered Debt Financing Structures and Intercreditor Relationships in Renewable Energy Project Financings&Joseph A.Scherer 355
17.Use of Lien-Supported Financial Derivatives in Project Finance&Phillip G.Lookadoo and Marco A.DeSousa 389
18.Energy and Environmental Hedging and Risk Management： The Risks and How They Are Managed and Taxed in the United States&Andrea S.Kramer and William R.Pomierski 413
19.Credit Tools Used in Structured Energy Transactions&Craig Enochs and Paul Vrana 465
20.Contract Techniques for Renewable Resource Power Purchase Agreement Offtakers&Jeremy D.Weinstein 493
21.Structured Financing Techniques in Oil and Gas Project Finance： Future-Flow Securitizations， Prepaids， Volumetric Production Payments， and Project Finance Collateralized Debt Obligations&Christopher L.Culp and J.Paul Forrester 521
22.Insurance Strategies to Protect Project Finance Cash Flow for Domestic and International Trade&Nadine Moore and Corina Monaghan 557
23.The New Generation of Nuclear Power&Martha Groves Pugh and Patricia M.Healy 573
24.Project Financing of Cross-Border Pipelines： A Study in Comparative Law， Culture，and Political Risk&John P.Cogan， Jr. 599
25.Financing Renewable Energy Projects Through U.S.Tax Credits&Craig Wesley Foxgrover and Damon Kellar 639
26.Monetization Structures and Issues for U.S. Tax Code Sections 45 and 48 Projects&Philip D.Tingle and Madeline M.Chiampou 683
27.Tax Equity Financing for Wind Projects&Edwin F.Feo and Simon Friedman 703
28.The Financing of Photovoltaic Projects&Stefan Schmitz 729
29.Innovation in Tax Credit Structuring for Solar Energy Projects&Charles Purcell， Dirk Michels， Won-Han Cheng， and Darcie Christopher 761
30.Geothermal Power： An Old Technology Comes of Age&Christopher M.Zochowski 841
31.Private Investment Fund Investment in Cleantech， Alternative Energy， and Carbon Products： Legal and Regulatory Considerations&Edward G.Eisert， Lawrence B.Patent， and Eric E.Freedman 859
32.Conclusion&Andrea S.Kramer and Peter C.Fusaro 913
Index 917