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Climate Change New Legislation

Wilson Sonsini Goodrich & Rosati

California Governor Gavin Newsom Signs Bill Enacting Changes to California Climate-Related Disclosure Laws

On September 27, 2024, California Governor Gavin Newsom signed Senate Bill 219, the Greenhouse gases: climate corporate accountability: climate-related financial risk (SB 219) after the California Assembly and Senate each...more

Perkins Coie

California Updates Climate Disclosure Rules

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Public Chatter provides practical guidance—and the latest developments—to those grappling with public company securities law and corporate governance issues, through content developed from an in-house perspective....more

Katten Muchin Rosenman LLP

SB 219 Makes Important Updates to California Climate Disclosure Regime

On September 27, 2024, California Governor Gavin Newsom signed Senate Bill 219 (SB 219) into law, making important changes to California's historic Climate Corporate Data Accountability Act (SB 253) and the Climate‐Related...more

Perkins Coie

California Makes Minor Changes to Climate Disclosure Statutes

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Almost a year ago, California enacted three statutes requiring climate-related disclosures: the Climate Corporate Data Accountability Act (SB 253), the Climate-Related Financial Risk Act (SB 261), and the Voluntary Carbon...more

Bass, Berry & Sims PLC

Update (and Refocus) on California Climate Disclosures

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As anticipated, on September 27, California Governor Gavin Newsom signed into law Senate Bill 219 (SB 219), after the California legislature passed it on August 31, 2024. SB 219 amends the Climate Corporate Data...more

Mintz

California Governor Newsom Signs Bill Re-Affirming 2026 Start Date for Climate Disclosures

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This summer, California Governor Newsom had proposed that California delay the implementation date of its climate disclosure law for two years. The California legislature rejected this proposal, instead passing S.B. 219,...more

DarrowEverett LLP

Relief from NIMBYism for Renewable Energy: New York’s RAPID Act

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One of the biggest challenges to states meeting ambitious Clean Energy Standards is local opposition to large scale projects, something we’ve written about previously. The federal government and many state legislatures have...more

Proskauer Rose LLP

California Climate Disclosure Laws – New Developments, Old Timelines

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California Climate Disclosure Laws – New Developments, Old Timelines - The California legislature recently rejected Governor Gavin Newsom’s proposal to delay the deadlines to comply with California’s climate disclosure...more

NAVEX

EU Regulations: The New Frontier for Business

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The European Union is a hotbed of regulatory activity, with new laws and directives constantly reshaping the business landscape. These changes can seem overwhelming, but understanding them is vital for any company operating...more

Mintz

Australia Introduces Climate Disclosure Laws

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Companies in Australia will soon have to abide by a set of significant climate disclosures aligned with the International Sustainability Standards Board guidelines. These disclosures, which will impose significant compliance...more

Fenwick & West LLP

Carbon Accountable Offers Roadmap for Timely Implementation of California's SB 253 GHG Emissions Disclosure Law

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All eyes are on California as we patiently await the outcome of the numerous challenges to the U.S. Securities and Exchange Commission's Climate-Related Disclosure Rules. ...more

Latham & Watkins LLP

Understanding the New Ecodesign for Sustainable Products Regulation

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The ESPR aims to make sustainable products the norm in the EU, replacing the current Ecodesign Directive and introducing broader measures for sustainability....more

Womble Bond Dickinson

ADVANCE Act Signed, Paving the Way for Advanced Nuclear Innovation in the U.S.

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As a follow-up to our previous client alert, President Biden has signed the ADVANCE (Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy) Act into law. The ADVANCE Act is aimed at speeding up the...more

Latham & Watkins LLP

ESG - US State-Level Developments for Private Capital and Financial Institutions

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Private capital providers, investors, asset managers, and financial institutions will likely continue to face a fragmented regulatory landscape on ESG matters. Various US states have taken and continue to take action on...more

Cozen O'Connor

NYS Legislative Session Concludes

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The 2024 New York State legislative session has concluded. The end of the session was largely overshadowed by Governor Hochul’s directive to the Metropolitan Transit Authority (MTA) to halt the implementation of congestion...more

Cozen O'Connor

New York Note – End of 2024 Session, Congestion Pricing, Green Fast Track, City Legislation

Cozen O'Connor on

The New York State Legislature concluded the 2023-2024 session on Saturday. The legislature did not develop a plan for a revenue source to replace toll revenue from congestion pricing, which the Governor indefinitely...more

Jones Day

Vermont Law Requires Energy Companies to Pay for Climate Change Damage

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Vermont passed a first-of-its-kind law requiring energy companies to pay for part of the damages from extreme weather events, but the law likely will face legal challenges....more

Miles & Stockbridge P.C.

Understanding the Brighter Tomorrow Act: A New Era for Solar Energy Development in Maryland

Maryland has long been a solar-friendly state, and the Brighter Tomorrow Act, signed into law by Gov. Wes Moore last month, will expand access and adoption of solar energy. The legislation is both a supportive and...more

Goldberg Segalla

New California Bill Aims to Restore Local Governments’ Ability to Limit or Ban Certain Oil and Gas Extractions

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As reported to our readers in August 2023, the California Supreme Court in Chevron U.S.A., Inc. v. County of Monterey, (2023) Cal. LEXIS 4349, struck down a Monterey County initiative that would have banned oil and gas...more

Brownstein Hyatt Farber Schreck

Wyoming Passes Bill to Bolster Carbon Management Opportunities

With interest and activity in carbon capture, sequestration and storage and low carbon energy production ramping up, especially in Wyoming, the energy industry is celebrating the signing of HB0032. The bill, titled “Geologic...more

Quarles & Brady LLP

California’s New Climate Disclosure and GHG-Related Claims Laws

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On October 7, 2023, Governor Gavin Newsom signed into law a trio of climate-related bills that will impact what companies doing business in California must (or can) say about their greenhouse gas (GHG) emissions and the...more

Sheppard Mullin Richter & Hampton LLP

Recent Updates to State and Federal Climate Disclosure Laws

Last year, California became the first state to pass laws requiring companies to make disclosures about their greenhouse gas (“GHG”) emissions as well as the risks that climate change poses for their businesses and their...more

A&O Shearman

Infrastructure delivery for the route to Net Zero

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Are regulations across the lifecycle of a low-carbon infrastructure project helping or hindering the transition? What structures helping the route to Net Zero have been introduced so far? In which fields is work still to be...more

J.S. Held

2024 J.S. Held Global Risk Report: Weather and Natural Disasters

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The growing frequency and ferocity of major weather events and natural disasters have pushed the climate change discussion to the forefront of governments and businesses. Droughts, floods, wildfires, earthquakes, and volcanic...more

Goldberg Segalla

California Air Resources Board Receives Legal Challenge to the State’s New Climate Disclosure Laws

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Last week, the California Air Resources Board (CARB) was named as a defendant in a new U.S. District Court, Central District of California lawsuit challenging California’s two new climate disclosure and financial reporting...more

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