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Husch Blackwell LLP

Investors and Regulators Demand Climate Disclosures, but Companies Should Beware of Greenwashing Claims

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Pressure from consumers, investors, and regulators to provide climate, environmental, and sustainability disclosures is increasing, but it is important for companies to ensure such disclosures are accurate, verifiable, and...more

Pillsbury - Gravel2Gavel Construction & Real...

Natural Hydrogen May Seem New in Town, but It’s Been Here All Along

When it comes to renewable energy, hydrogen is hailed as a pivotal resource in the zero-carbon game plan. Hydrogen energy is accessible, produces lower greenhouse gas emissions and can use existing gas infrastructure to power...more

Jones Day

Climate Litigation in Australia Remains Active

Jones Day on

Australia continues to be a highly active jurisdiction for climate-related lawsuits. Since our last update in August 2023, we have seen a steady stream of suits commenced against corporations and government bodies in relation...more

Vinson & Elkins LLP

California Takes Next Step to Formally Impose Stricter Limits on RNG Projects Under the LCFS With Eventual Phaseout

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The California Air Resources Board (“CARB”) reviews the state’s Low Carbon Fuel Standard (“LCFS”) program every five years as part of the broader scoping plan required under the California Global Warming Solutions Act. On...more

Foley Hoag LLP

Treasury and IRS Propose Long-awaited Regulations for the Inflation Reduction Act’s Hydrogen Production Tax Credit (Section 45V)

Foley Hoag LLP on

On December 22, 2023, the Department of Treasury and Internal Revenue Service (collectively, “IRS”) proposed new regulations for the Inflation Reduction Act’s (“IRA”) Hydrogen Production Tax Credit (“PTC”), otherwise known as...more

A&O Shearman

Tax based finance leasing: a forgotten tool for green finance in the UK?

A&O Shearman on

Decarbonisation is the process of reducing greenhouse gas emissions and transitioning to a low-carbon economy. Decarbonisation requires significant investment in green technologies, such as renewable energy, energy...more

White & Case LLP

Funding the energy transition: the role of Islamic finance

White & Case LLP on

Access to energy underpins our day-to-day and powers global economic prosperity and development, yet consumption of energy is the dominant contributor to climate change, accounting for approximately 60% of total global...more

Foley & Lardner LLP

Current Trends in Climate Change Technology Investment

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As the world grapples with fast-changing weather patterns, wildfires, record-breaking heat, and many other climate-related issues, it is becoming increasingly important to develop the technologies that will help to combat...more

J.S. Held

The Climate Tech Ecosystem

J.S. Held on

Climate Tech is an area of technology that is expressly concerned with the mitigation of greenhouse gas (GHG) emissions, the primary driver of climate change. In addition to GHG mitigation, climate tech also includes...more

Mintz

The Bay State's ability to meet its greenhouse gas reduction goals is now in the hands of a Maine jury. Does that make any sense...

Mintz on

Seems like just yesterday that the Maine Supreme Judicial Court ruled on New England Clean Energy Connect's challenge to the retroactive initiative petition that might have killed the project to get hydropower from Canada to...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Legal Feature — Department of Energy Awards $118 Million for Biofuel Projects

On January 26, 2023, the Department of Energy (DOE) announced $118 million in funding for 17 projects to accelerate the production of sustainable biofuels as the Biden administration works to cut greenhouse gas emissions from...more

Vinson & Elkins LLP

New York’s Climate Action Plan

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In an ambitious step toward New York state’s climate goals, the New York State Climate Action Council approved a Scoping Plan on December 19, 2022, which sets forth a series of recommended policies and actions. The 445-page...more

Brownstein Hyatt Farber Schreck

Tax Credit and Grant Opportunities in the Inflation Reduction Act

On Aug. 16, 2022, President Joe Biden signed the $750 billion Inflation Reduction Act (IRA) into law. Originally introduced as the Build Back Better Act in September of 2021, this cornerstone of the Biden legislative agenda...more

Akin Gump Strauss Hauer & Feld LLP

Notable US Carbon Capture and Storage Projects

At least 78 new US carbon capture and storage (CCS) projects were announced between 2021 and 2022, signifying a historic inflection point for CCS projects. The following is a summary of some notable projects in development...more

White & Case LLP

Growth of carbon markets in Latin America

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Latin America increases involvement in compliance and voluntary carbon markets activity. Three factors distinguish Latin America as a potential leader in carbon markets: its adoption of carbon markets at the national and...more

Husch Blackwell LLP

The Inflation Reduction Act: Green Energy Benefits

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In the wake of increasing inflation and as a means of codifying several of the Biden administration’s legislative priorities, the Senate passed the $750 billion Inflation Reduction Act on August 7, 2022 (the “Act”), by a...more

Beveridge & Diamond PC

Net-Zero by 2050? Massachusetts Passes New Climate & Clean Energy Bill

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On August 11, 2022, Massachusetts Governor Charlie Baker signed a significant new climate bill, “An Act driving clean energy and offshore wind” into law. This new law enacts several new climate change measures, including...more

Eversheds Sutherland (US) LLP

Inflation Reduction Act of 2022 - Signed into law: A summary of the energy tax provisions

​​​​​​​The Inflation Reduction Act of 2022 (the Act) was signed into law on August 16, 2022, and includes about $370 billon for American energy security and climate change. Those changes include very substantial extensions,...more

Beveridge & Diamond PC

Inflation Reduction Act Signed Into Law, Committing $370 Billion to Action on Climate and Energy

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On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) into law. The IRA includes a host of programs aimed at addressing climate change and energy production. These include, for example, major new or...more

King & Spalding

Hydrogen-Related Provisions of the Inflation Reduction Act of 2022

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The Inflation Reduction Act of 2022, passed by the Senate on August 7, 2022, includes a number of provisions projected to result in significant investments in domestic energy production and manufacturing, and reduce carbon...more

Lowndes

Solar Industry to See Historic Investment from Inflation Reduction Act

Lowndes on

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

Locke Lord LLP

Key Climate and Energy Provisions in ‎the Proposed Inflation ‎‎Reduction Act

Locke Lord LLP on

On July 27, 2022 Senators Joe Manchin (D-WV) and Majority Leader Chuck Schumer (D-NY) reached an agreement to add the Inflation Reduction Act of 2022 (the Act) to the FY 2022 Budget Reconciliation Bill. The Act resurrects...more

Opportune LLP

Cryptocurrency In Texas: Why Bitcoin Mining Is Taking Off In The Lone Star State

Opportune LLP on

By nature, Bitcoin mining is energy-intensive and relies on cheap energy to turn a profit. Bitcoin miners have started to flock to Texas because of the current “goldilocks” situation for cryptocurrency mining for three main...more

Brownstein Hyatt Farber Schreck

Department of Energy Announces Significant Investment in Direct Air Capture

Last week, the U.S. Department of Energy (“DOE”) released a notice of intent to fund the 2021 Infrastructure Investment and Jobs Act’s program for direct air capture (“DAC”) of carbon dioxide at four regional hubs. The...more

Pillsbury Winthrop Shaw Pittman LLP

California Senate Passes the Climate Corporate Accountability Act

Continuing its leadership in the battle against climate change, California takes a big step forward by requiring transparency concerning the carbon footprints of the nation’s largest corporations doing business in the state. ...more

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