On March 12, 2025, U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced more than 30 actions to roll back regulations to advance President Trump’s Day One executive orders. These include actions...more
On January 7, 2025, the Federal Trade Commission (FTC) announced a proposed settlement for crude oil producers XCL Resource Holdings, LLC; Verdun Oil Company; and EP Energy LLC to pay a record-breaking $5.6 million civil...more
On October 7, 2024, the Hawaii Supreme Court issued a ruling in a case dealing with whether an insurance company owes a defense in cases where the defendant, a fossil fuel company, is being sued by county governments for...more
Introduction Designated contract markets (DCMs) and participants in voluntary carbon markets would do well to evaluate new guidance from the Commodity Futures Trading Commission (CFTC) aimed at preventing manipulation of...more
The Commodity Futures Trading Commission (CFTC) has taken a significant step in its oversight of the voluntary carbon markets with a recent enforcement action against defendants who misappropriated funds through a carbon...more
Voluntary carbon credit markets (VCMs) stand to play a growing role in global decarbonization efforts. Through its support of the generation, and subsequent purchase and sale, of carbon credits (or carbon offsets), VCMs can...more
In early October 2023, California Gov. Gavin Newsom signed three related climate disclosure bills into law. Together, the three laws require various entities, as defined under each law, to disclose...more
On April 30, 2024, the Department of Treasury and IRS issued new SAF tax credit guidance created by the Inflation Reduction Act (IRA). This guidance was developed in consultation with the Environmental Protection Agency...more
While most people would agree that bitcoin and cryptocurrency would be classified as digital assets, no one has quite defined what exactly is a digital asset. The Commodities Futures Trading Commission (CFTC) released a...more
As nations and businesses around the world continue to transition to more sustainable sources for their energy and transportation needs, a renewed focus on critical minerals has spurred ingenuity and investment in the space....more
The Commodity Futures Trading Commission’s (CTFC) subcommittee meeting for carbon markets met on March 15, 2024. The subcommittee specifically discussed the CTFC’s recently proposed guidance for trading of voluntary carbon...more