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Cadwalader, Wickersham & Taft LLP
On May 31, 2023, the European Securities and Markets Authority published a final report on the framework for the 5th ESMA Stress Test Exercise for Central Counterparties.
United States
Holland & Knight
The U.S. Department of the Interior on Sept. 29, 2023, announced its long-awaited Five-Year Offshore Leasing Plan as required by the Outer Continental Shelf Lands Act (the Plan).
Holland & Knight
The Federal Aviation Administration (FAA) announced $300 million in funding for projects to help the aviation sector reach net-zero emissions by 2050...
Mintz
On September 15, 2023, California filed a lawsuit against the major oil companies, presenting claims under a variety of theories, including public nuisance and false advertising.
Cox, Castle & Nicholson
For example, underground or above-ground storage tanks that held gasoline or diesel for tractors and other farm equipment may be present, along with evidence of releases from the tanks.
K&L Gates
On 14 September 2023, the US Environmental Protection Agency (EPA) announced the release of the final Clean Water Act (CWA) Section 401 Water Quality Certification Improvement Rule...
Holland & Knight
Oil and gas companies today may find it increasingly difficult to exit oil and gas projects. Selling may prove difficult as access to capital is less available...
Mintz
The Nantucket Residents Against Turbines, or ACKRat, have asked the First Circuit Court of Appeals to find that the Federal Bureau of Ocean Energy Management and the National Marine Fisheries...
Kramer Levin Naftalis & Frankel LLP
In 2019, the New York City (NYC) Council enacted Local Law 97 (LL97) in an effort to reduce greenhouse gas (GHG) emissions to net zero by 2050 from the sector of the NYC...
Cadwalader, Wickersham & Taft LLP
On August 23, 2023, the IRS conducted a public hearing where members of the clean energy sector and tax practitioners presented their comments.
Miller & Chevalier Chartered
The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) recently released proposed regulations regarding increased credit and deduction amounts available...
Steptoe & Johnson
Back in March of 2023, FERC issued a seemingly logical compliance order regarding one aspect of PJM's Order No. 2222 compliance filing. This blog noted that "FERC acknowledged that DER owners in full retail NEM programs...
AlixPartners
Procurement organizations feel the heat of macro risks—from supply-chain disruptions to labor shortages and natural disasters...
Steptoe & Johnson
The year after California passed a landmark law to reach net-zero emissions statewide by 2045, it continues to be at the forefront of climate-related legislation.
Duane Morris LLP
The American Society of Heating, Refrigeration and Air Conditioning (ASHRAE) approved for publication of its highly anticipated airborne infection risk mitigation standard for buildings. For those not overly into HVAC,
Katten Muchin Rosenman LLP
On September 15, California Attorney General Rob Bonta announced the filing of a 135-page complaint against major oil producers and their main trade association. The suit alleges generally that the defendants...
Wiley Rein
The Inflation Reduction Act offers once-in-a-generation enhanced tax credits and deductions to encourage clean-energy projects – but there are strings attached.
Akin Gump Strauss Hauer & Feld LLP
On September 21, 2023, during the Federal Energy Regulatory Commission's (FERC) September open meeting, Acting FERC Chairman Willie Phillips committed to scheduling a vote...
Bracewell
Global grid constraints, grid connection security and significant delays to new grid connections are forcing sponsors across multiple jurisdictions to look at maximising existing grid connections...
Cadwalader, Wickersham & Taft LLP
On September 8, 2023, the United Nations published its first Global Stocktake report on the progress made by nations in addressing climate change.
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