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COP28: Key Takeaways From the Annual Climate Conference in Dubai

The first global stocktake, Article 6, carbon markets, new finance pledges, and the loss and damage fund formed the major developments at this year’s conference. Between November 30 and December 12, 2023, Dubai hosted the...more

Federal Court Upholds SCAQMD Warehouse Rule

A district court has ruled that federal law does not preempt an indirect source rule that targets emissions associated with warehouses in Southern California. On December 14, 2023, a US federal judge rejected claims that...more

Long-Awaited Guidelines From Article 6.4 Published Ahead of COP28

The Supervisory Body published the Methodology Guidance and the Removal Guidance to be presented for discussion in COP28. After two years of discussion, the Supervisory Body (SB) responsible for determining the...more

California Passes GHG Emissions Reporting and Climate-Related Financial Risk Legislation

Governor Newsom has committed to signing into law two bills that would require certain companies that do business in California to disclose their GHG emissions and climate-related financial risks. In January 2023,...more

US Government Announces New Hydrogen Demand-Side Initiative

The US Department of Energy has committed $1 billion to support clean hydrogen offtakers to kickstart the hydrogen economy. On July 5, 2023, the US Department of Energy (DOE) released a Notice of Intent (NOI) to invest up...more

Unprecedented Buildout of Renewables and Transmission Necessary for California Decarbonization

The state must dramatically expand its energy infrastructure and renewable energy sources to satisfy growing demand for electricity while meeting ambitious climate goals, according to California Independent System Operator’s...more

CARB Adopts Final 2022 Scoping Plan

The plan accelerates already ambitious climate goals for California and charts a course to carbon neutrality by 2045. On December 15, 2022, the California Air Resources Board (CARB) adopted its Final 2022 Scoping Plan...more

Study: Growing Wildfire Risks Threatening California’s Climate Policies

The 2020 wildfire season alone released more carbon dioxide than what California reduced through years of emission cuts. California is a recognized leader in climate policy, but a wildfire crisis is threatening to unwind...more

DOE Announces $7 Billion for Carbon Capture, Transport, and Storage Infrastructure

Three funding opportunity announcements and a finance program provide significant investments to support carbon capture and sequestration. Demand for carbon capture and sequestration (CCS) to meet global and national...more

DOE Releases Draft Clean Hydrogen Production Standard, Draft Roadmap, and Hydrogen Hub Funding Opportunity

Key Points - ..The draft Clean Hydrogen Production Standard (CHPS) proposes a lifecycle GHG emissions target of 4 kg CO2e per kilogram of hydrogen, which is in line with the clean hydrogen production tax credit in the...more

California Legislature Passes Four Aggressive Climate Bills and Authorizes Extension of Diablo Canyon

The climate bills championed by Governor Newsom stand to alter the state’s climate policy for years to come. On August 31, 2022, the last day of its 2021-2022 session, the California Legislature passed four climate bills...more

CARB Finalizes Zero-Emission Auto Rules

California continues to push toward its statewide carbon-neutrality goals. On August 25, 2022, the California Air Resources Board (CARB) unanimously approved regulations that require all new 2035 and later passenger...more

CFTC Issues Request for Information on Climate-Related Financial Risk

The agency will use the information to take further steps to address climate risks in the commodity derivatives markets. On June 2, 2022, the Commodity Futures Trading Commission (CFTC) issued a Request for Information...more

California Air Resources Board Releases Draft Scoping Plan Update (Part 4)

CARB addresses California’s increasingly severe climate impacts. On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update (Draft Scoping Plan) for public review and comment....more

California Air Resources Board Releases Draft Scoping Plan Update (Part 3)

CARB doubles down on LCFS Program and liquid transportation fuels. On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update (Draft Scoping Plan) for public review and...more

California Air Resources Board Releases Draft Scoping Plan Update (Part 2)

CARB opts to stay the course on Cap-and-Trade Program. On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update for public review and comment. Assembly Bill (AB) 32, the...more

California Air Resources Board Releases Draft Scoping Plan Update

The Draft 2022 Scoping Plan Update takes an all-of-the-above approach to decarbonize California. On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update for public review...more

Low-Carbon Hydrogen in Latin America: Current Context and Opportunities

Latin America is well positioned for a strategic role as a hub for the production and utilization of low-carbon hydrogen in the global energy transition. Low-carbon hydrogen is set to play a key role in the...more

Regional US Transportation & Climate Initiative Program Comes to an End

A multistate cap-and-invest program to reduce carbon emissions from the transportation sector is dead after several participating states pulled out. Less than one year ago, the governors of Massachusetts, Rhode Island,...more

CEQ Issues Report to Congress on CCUS

CEQ report calls for widespread CCUS deployment to achieve climate goals. On June 30, 2021, the White House Council on Environmental Quality (CEQ) issued a report to Congress that outlines a framework for how the US can...more

TCI Program Established to Reduce Carbon Emissions From Transportation

The program will include a multi-jurisdictional cap-and-invest program and aims to address environmental justice and equity concerns. On December 21, 2020, the Governors of Massachusetts, Rhode Island, and Connecticut,...more

CARB Steers Clean Miles Standard Toward Formal Rulemaking

The agency has further strengthened electrification targets and provided additional details on compliance options for Transportation Network Companies. The California Air Resources Board (CARB) is developing the Clean...more

Treasury Finalizes Carbon Capture Tax Credit Regulations

The US Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit. Key Points: ..The IRS finalized the third set of rules in a series of regulatory guidance...more

California to Require 100% Zero-Emission Passenger Vehicle Sales by 2035

The Governor has issued an Executive Order with sweeping implications for the oil and gas industry and others. On September 23, 2020, California Governor Gavin Newsom signed Executive Order N-79-20, which will have...more

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