News & Analysis as of

Federal Funding Greenhouse Gas Emissions

McDermott Will & Emery

White House Activates $20 Billion IRA Funding Program for Renewable Energy Projects

On April 4, 2024, the White House activated a much-anticipated program meant to catalyze private investment in clean technology across the United States. It will award $20 billion in grant funding to eight recipients under...more

Mitchell, Williams, Selig, Gates & Woodyard,...

U.S. Environmental Protection Agency Fiscal Year 2025: Biden Administration Budget Request

The Biden Administration has released its Fiscal Year 2025 Budget Proposal for the United States Environmental Protection Agency (“EPA”). EPA Administrator Regan in a March 11th news release states that the Budget Request...more

Holland & Knight LLP

DOE, EPA Announce $1 Billion in Awards for Methane Emissions Reduction Programs

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The U.S. Department of Energy (DOE) and U.S. Environmental Protection Agency (EPA) signaled in mid-February 2024 that they plan to release a Funding Opportunity Announcement (FOA) to issue $1 billion through financial...more

Burns & Levinson LLP

MA Climate Chief Releases Key Climate Change Recommendations

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As most of our country continued to experience devastating weather-related events this year, the Commonwealth’s first Climate Chief, Melissa Hoffer, was hard at work preparing her initial recommendations to combat climate...more

Allen Matkins

Renewable Energy Update 11.02.23

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President Joe Biden announced Monday a $1.3 billion federal investment to build three new interstate power lines in an effort to upgrade the nation’s outdated electric grid and transition to clean energy....more

Womble Bond Dickinson

Federal Officials Unveil Choices for First Seven Clean Hydrogen Hubs

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Today, the White House and the U.S. Department of Energy announced the latest steps in a long-term plan to grow low-cost, clean hydrogen. The joint announcement identified seven regional clean hydrogen hubs. These hubs...more

Holland & Knight LLP

$300 Million for FAST-SAF Grants Now Open

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The Federal Aviation Administration (FAA) announced $300 million in funding for projects to help the aviation sector reach net-zero emissions by 2050. The application window is now open for $245 million in Fueling Aviation's...more

Husch Blackwell LLP

Solar for All Grant Deadlines Approaching Fast

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Governments, tribes, and nonprofits wanting to improve solar energy infrastructure have a new tool in their toolkit. On June 28, 2023, the EPA published the Notice of Funding Opportunity (NOFO) for the Solar for All grant...more

Cadwalader, Wickersham & Taft LLP

Biden Administration Pledges $500 Million to the Amazon Fund

On April 20, during a meeting of the Major Economies Forum on Energy and Climate (MEF), President Biden pledged $500 million to the Amazon Fund, Brazil’s signature fund set up to raise donations for investments to prevent,...more

Latham & Watkins LLP

UK “Green Day” - Key Policy Measures Announced to Fuel Investment in Green Energy and Achieve Net Zero

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The UK government has unveiled a number of measures with the overall purpose of reaching net zero by 2050 and meeting the UK’s climate targets. On 30 March 2023, on what has been called the UK’s “green day”, the UK...more

Vinson & Elkins LLP

The Inflation Reduction Act’s Green “Bank” Begins to Take Shape

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Recent announcements by the EPA provide some insight into its administration of the Inflation Reduction Act’s Greenhouse Gas Reduction Fund. On February 14, 2023, the Environmental Protection Agency (“EPA”) announced an...more

Pillsbury Winthrop Shaw Pittman LLP

Department of Energy Announces $6 Billion Funding Opportunity for Industrial Decarbonization and Emissions Reduction Projects

Concept papers are due on April 21, 2023, and full applications are due on August 4, 2023. The Department of Energy will provide up to approximately 65 total awards, with up to $6 billion in total funding, for projects...more

Holland & Knight LLP

DOE Loan Programs Office: 2023 Updates, Overview and Key Insights

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Following the first two years of the Biden Administration, and fresh off of the successful passage of the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA), the U.S. Department of Energy Loan...more

Holland & Knight LLP

Biden Administration Unveils Blueprint to Decarbonize Transportation Sector

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The Biden Administration released the U.S. National Blueprint for Transportation Decarbonization (Blueprint) on Jan. 10, 2023, setting forth a comprehensive strategy for federal leadership and partnerships to decarbonize the...more

Holland & Knight LLP

EPA Moves Ahead on Green Bank: Opportunity to Weigh In Is Now

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The Inflation Reduction Act (IRA) authorized the Greenhouse Gas Reduction Fund (GGRF), a $27 billion clean energy deployment bank housed at the Environmental Protection Agency (EPA). The GGRF is the largest single pot of...more

WilmerHale

Inflation Reduction Act: Environmental Provisions

WilmerHale on

The Inflation Reduction Act (IRA), the Biden Administration’s signature legislative achievement, includes several provisions aimed at fighting climate change by reducing greenhouse gas (GHG) emissions. The law represents the...more

Stinson LLP

The Impact of the New Inflation Reduction Act on Infrastructure Initiatives

Stinson LLP on

Congress has injected yet another wave of stimulus funding as the Biden Administration attempts to shape the future of America’s infrastructure. On August 16, 2022, President Biden signed into law House Bill 5376, known as...more

Womble Bond Dickinson

Landmark Federal Clean Energy/Climate Change Package Creates Wealth of Opportunities for Investors, Producers (UPDATED)

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​​​​​​​On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022, paving the way for the largest investment in clean energy development and climate change mitigation in U.S. history. The Act will provide...more

Burr & Forman

Three Ways the Inflation Reduction Act Advances Green Banking

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The Inflation Reduction Act was signed into law on Tuesday, August 16 and significantly advances the innovative financing method known as green banking. Here are three ways the Act furthers that investment technique in...more

Venable LLP

Inflation Reduction Act: What You Need to Know

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​​​​​​​On August 16, President Biden signed into law the much-anticipated Inflation Reduction Act. The Act includes numerous clean energy, decarbonization, and climate-related provisions. ...more

Foley Hoag LLP - Environmental Law

The Inflation Reduction Act: Investments in Environmental Justice

The Biden administration has made it a priority to target environmental justice issues as part of the administration’s broader economic agenda. On August 7, the Senate passed the Inflation Reduction Act of 2022 (Act), which...more

Morgan Lewis

Inflation Reduction Act Creates $27B ‘Green Bank’ Fund for Clean Energy Projects, but False Claims Risks Exist

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The new Inflation Reduction Act includes a $27 billion Greenhouse Gas Reduction Fund that will support competitive grants to national and local “green banks,” which will use the money to invest in projects and innovations...more

Lowndes

Solar Industry to See Historic Investment from Inflation Reduction Act

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The Inflation Reduction Act of 2022, which Senate Democrats intend to move through their chamber using a budget reconciliation process allowing it to pass with 50 votes (plus Vice President Harris breaking a tie) before it...more

Jones Day

New Guidelines on State Aid for Climate, Environmental Protection, and Energy in the European Union

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On January 27, 2022, the European Commission ("Commission") adopted the Guidelines on State Aid for Climate, Environmental Protection, and Energy 2022 ("CEEAG"). They replace the Guidelines on State Aid for Environmental...more

Morgan Lewis - Tech & Sourcing

Biden-Harris Administration Push for Green Technology

In a recent Lawflash, our colleagues Ken Kulak and Ariel Braunstein reported that at the Leaders Summit on Climate, hosted by the Biden-Harris administration on April 22 and 23 in Washington, DC, President Joseph Biden set...more

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