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Oil & Gas Greenhouse Gas Emissions Fossil Fuel

Oliva Gibbs LLP

Carbon Copy: Pennsylvania’s CO2 Storage Plan Breaks New Ground

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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

Akin Gump Strauss Hauer & Feld LLP

This Week's Climate Policy Update - July 2024 #2

Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

King & Spalding

UK Supreme Court: Downstream Emissions Must be Assessed in Environmental Impact Assessments for New Oil and Gas Projects

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In a highly anticipated judgment, a 3:2 majority of the UK Supreme Court ruled in R (Finch) v Surrey County Council and others [2024] UKSC 20 that environmental impact assessments (EIAs) for fossil-fuel projects must include...more

Alston & Bird

Emerging Climate Liability: Understanding State Climate Change Superfund Bills

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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

(ACOEL) | American College of Environmental...

Good to the Last Drop?

Our national climate goals of net zero emissions, renewable energy transition, electrified vehicle fleets, clean steel, green hydrogen, and the rest of the package focus on the ramp-up of clean energy sources and end uses. As...more

Latham & Watkins LLP

UK Supreme Court Requires EIAs to Consider Likely Direct and Indirect Environmental Effects on Climate if Readily Quantifiable

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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

Jones Day

EPA Finalizes Rules to Regulate Pollution from Fossil Fuel-Fired Power Plants

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On April 25, 2024, the Environmental Protection Agency ("EPA") finalized four rules to regulate pollution from fossil fuel-fired power plants. EPA's stated goal was to provide a framework on which power plants can rely for...more

Gray Reed

What Happened at COP28?

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About the same as what happened at COP27. The 70,000+ fabulists, opportunists, and assorted acolytes comprising the congregation of the Church of Our Holy Mother of the Suffering Planet celebrated another high mass in,...more

King & Spalding

COP28: Key Takeaways for the Energy Industry

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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

Cadwalader, Wickersham & Taft LLP

California Sues Big Oil for Denying, Downplaying Impact of Fossil Fuels on Climate Change

On September 16, 2023, California Attorney General Rob Bonta filed a lawsuit against five of the world’s largest oil and gas companies for allegedly denying or downplaying the harm caused by fossil fuels on climate change....more

Cadwalader, Wickersham & Taft LLP

U.S. Lawmakers Urge DOJ to Investigate Oil and Gas Companies

On July 25, 2023, Representative Ted Lieu and 19 other Democratic lawmakers from the U.S. House of Representatives and Senate sent a letter to U.S. Attorney General Merrick Garland, requesting that the Department of Justice...more

Goldberg Segalla

Oregon’s Multnomah County Sues Fossil Fuel Companies Seeking $50M for Purported “Heat Dome” Heatwaves

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Oregon’s most populous county, and home to Portland, sued more than a dozen oil, gas, and coal companies for over $50 million in damages related to a 2021 “heat dome” the county alleges was caused by the defendants’...more

Cadwalader, Wickersham & Taft LLP

Oregon County Sues Fossil Fuel Companies and Consulting Firm For Damages Related to 2021 ‘Heat Dome’

In a civil suit filed in Oregon state court in June 2023, an Oregon county is suing more than a dozen large oil, gas and coal companies, seeking more than $50 million in damages, in connection with a 2021 “heat dome” and...more

Troutman Pepper

EPA’s New Carbon Standards for Power Plants Require Quick Decisions

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EPA’s long-promised rules for reducing CO2 emissions from fossil fuel-fired power plants have now been published. In the proposal, EPA lays out “performance standards” for new natural gas-fired power plants and “emission...more

Foley Hoag LLP - Energy & Climate Counsel

New York Walks the CLCPA Talk in Passing First-in-the-Nation Ban on New Gas Hook-Ups

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

Jenner & Block

New York Becomes First State to Pass Natural Gas Ban for New Construction

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On May 2, 2023, New York passed its 2024 fiscal year budget, including a prohibition on fossil fuel equipment and building systems in new construction. The policy will go into effect in 2026 for new buildings not more than...more

Cadwalader, Wickersham & Taft LLP

Increased Investor Pressure for More Ambitious Climate Pledges Ahead of AGMs

In early April, the climate activist shareholder group, Follow This, filed shareholder resolutions seeking stronger energy transition strategies from several oil “super-majors.” The resolutions have been filed in advance of...more

Venable LLP

IRS Asks for Comment on Whether Existing Fossil-Based Hydrogen Production Methods Should be Eligible for the IRA Production Tax...

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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

Goldberg Segalla

Kids File Climate-Change Suit Against Their Home State, Alleging Betrayal 

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Faced with back-to-back years of unprecedented flooding, wildfires, and soaring temperatures, sixteen teens and children from Montana, ages 2-18, are suing their home state in what may precipitate the next wave of...more

Bracewell LLP

Challenging Policy on Climate Change Grounds

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Divisional Court split on challenge against UK Export Finance’s decision to provide finance to the Mozambique LNG Project - In R (on the application of Friends of the Earth Limited) (the “Claimant”) v The Secretary of...more

Vinson & Elkins LLP

Science Based Targets Initiative Rethinking Approach to Fossil Fuels, Removing from List of “Companies Taking Action” While...

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On March 8, 2022, the Science Based Targets initiative (“SBTi”) announced that it would “no longer accept commitments or validate targets from fossil fuel companies” until it completes development of sector-specific criteria...more

Mayer Brown

Recent Legislative Proposals Could Drastically Change US Energy Taxation

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Over the past number of weeks, a variety of legislative proposals, from both sides of the aisle, have been released that, if enacted, could drastically impact the US energy industry and, in many cases, the taxation of energy...more

Flaster Greenberg PC

Germany Claims Emissions Success Yet Becomes More Dependent Than Ever On Russia​

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On February 3, German Economy Minister Peter Altmaier proclaimed that Germany had exceeded its target of cutting greenhouse gas emissions by 40% compared to 1990 levels. Despite clearly being aided by the deep economic slump...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 32, August 2020

Trump Administration Approves Arctic National Wildlife Refuge for Land Leasing, Oil Drilling - "The Trump administration continues to roll back environmental protections and opening doors for the fossil fuel industry in...more

Gray Reed

What’s New in the War Over the Environment?

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Is the world hurtling irreversibly toward incinerating, extinction-causing, fossil-fuel induced destruction while we’re doing nothing about it? Maybe not, if you consider overlooked and ignored sources of information....more

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