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17 August 2022

This Week's Climate Policy Update (15 August 2022)

AG
Akin Gump Strauss Hauer & Feld LLP

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Despite Congress being in recess, a variety of changes in climate policy have transpired.
United States Environment

Despite Congress being in recess, a variety of changes in climate policy have transpired. Last Tuesday, President Biden signed the CHIPS and Science Act into law, which could direct a significant amount of funding towards climate research and growing the zero-carbon industry. Additionally, the Biden-Harris administration circulated a request for information regarding the Bipartisan Infrastructure Law-funded Critical Materials Research, Development, Demonstration and Commercialization Program. In California, Gov. Gavin Newsom (D-CA) released both a five-point plan to set more aggressive climate goals and a piece legislation to keep California's last nuclear power plant open longer than previously intended. Finally, the California Energy Commission adopted a report that established state-wide offshore wind targets.

To read Akin Gump's most recent climate policy update, please click here.

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