On July 17, 2024, Pennsylvania joined a growing number of states establishing a legal framework for the underground storage of carbon dioxide. Carbon capture and underground sequestration (“CCUS”) is promoted as a technology...more
After two years of continuous behind-the-scenes work, Sen. Joe Manchin (I-W.Va), who chairs the U.S. Senate Committee on Energy and Natural Resources, joined by Sen. John Barrasso (R-Wyo.), released S. 4753, the Energy...more
States are increasingly holding the fossil fuel sector liable for costs related to climate change. Our Environment, Land Use & Natural Resources Group unpacks what companies need to know about these new state “superfund”...more
Finch v. Surrey calls for assessment of all likely direct and indirect environmental effects in EIAs, including certain Scope 3 emissions if a reasonable estimate is feasible. On 20 June 2024, the UK Supreme Court (the...more
The 2024 General Election is imminent and all four of the biggest political parties have now released their election manifestos. With the push to net zero remaining critical in accordance with the UK’s domestic and...more
The Council of the European Union adopted a regulation on the reduction of methane emissions in the energy sector (Regulation). Methane is the second-biggest cause of climate change after carbon dioxide, and in the short term...more
A new report by the International Energy Agency, released on March 13, found that for the third year in a row, methane released by the fossil fuel industry rose to an almost record high in 2023. Methane emissions are a...more
COP28, the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change, came to an end in Dubai on December 13, 2023. The nearly 200 states reached what has been labelled a “historic” agreement...more
Geography—as much as geology—is driving commercial activity and opportunities for mining & metals firms as decarbonization accelerates - The old adage—credited to J. Paul Getty—goes, "The meek shall inherit the Earth, but...more
Domestic Nuclear Power Advancement: Barriers to Entry and the Need for a National Strategy - As previously reported on this site, nuclear generation development has taken hold as a potential promise for a long-term,...more
The explosion and fire of a tanker truck just north of Center City Philadelphia, leading to the collapse of sections of Interstate 95, one of the most heavily traveled roads in the United States and the chief highway...more
After a month of hotly debated budget talks, New York passed its 2024 fiscal year budget late Tuesday night, and with it, took a long-awaited step towards decarbonizing New York’s building sector. The budget deal includes...more
The Inflation Reduction Act (IRA) contained an enormous benefit - valued in the billions of dollars - for the U.S. hydrogen industry in the form of a Production Tax Credit (PTC) for “qualified” green hydrogen produced over...more
Over the last two weeks, while news coverage in America has been fixated on the FBI’s raid on Donald Trump’s home at Mar-a-Lago, and later on the death of Queen Elizabeth II, there have been important news stories not widely...more
President Biden is reportedly contemplating the declaration of a “national climate emergency” (NCE). According to his advisors, all options are on the table for the administration as it seeks to meet its ambitious climate...more
Since the execution of the Maastricht Treaty in 1992 that led to the establishment of the Euro single currency, different European Union countries have faced issues meeting the Treaty’s requirements to maintain the currency,...more
The world is increasingly recognizing that nuclear power can play a critical role in combatting climate change, while also providing critical energy security....more
The Biden administration will resume federal oil and gas leasing in June with a large reduction in acres available for drilling and a historic royalty rate increase. On April 18, 2022, the Bureau of Land Management (“BLM”)...more
When Vladimir Putin sent his troops into Ukraine to go conquer that democracy, all of the abstract concepts about energy ended. While not quite a Pearl Harbor moment in terms of instantaneous ideological shift, Putin's...more
Gas Gap in Europe Drives U.S. LNG Exports to Record High - "About half of the record U.S. LNG volumes shipped last month went to Europe, up from 37% earlier in 2021." Why this is important: The onset of a challenging...more
On December 16, 2021, Sen. Joe Manchin (D-WV) and Sen. John Barrasso (R-WY)—the Chairman and Ranking Member of the Senate Energy and Natural Resources Committee, respectively—introduced a bill entitled “Fission for the...more
The Biden administration's governmentwide approach to addressing climate change throughout all industries puts an unprecedented degree of pressure on traditional energy sources to prioritize innovation in order to sustain...more
Why the American Jobs Plan Would Benefit Coal-Heavy Utility Stocks - "A close look at some of the utilities publicly supporting a federal CES, which would require utilities to increase their share of carbon-free energy...more
In connection with implementing the European Green Deal and its efforts to become the first climate-neutral continent, the European Commission announced on Wednesday, July 14 an ambitious package of proposals aimed at further...more
Since the beginning of his presidential campaign, President Joe Biden has made clear his vision to drive the United States toward world leadership in green energy. With tax policy long an important tool in the toolbox for...more