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U.S. Treasury Net Zero Greenhouse Gas Emissions

Husch Blackwell LLP

New Treasury Guidance Silent on Biomass Electricity Credits

Husch Blackwell LLP on

On May 29, 2024, the U.S. Treasury Department and the Internal Revenue Service issued a notice of proposed rulemaking (“NPRM”) that includes guidance on two of the Inflation Reduction Act of 2022’s renewable electricity tax...more

Perkins Coie

Federal Joint Policy Statement and Principles on Voluntary Carbon Markets Emphasize Consistency and Reliability

Perkins Coie on

The U.S. Department of the Treasury (Treasury) announced a new joint statement of policy and new principles (Joint Statement) for responsible participation in voluntary carbon markets (VCMs) with the U.S. Department of...more

Mintz

Treasury Department and Other Federal Agencies Issue Statement of Principles Concerning Carbon Credits

Mintz on

Today, the Treasury Department and other federal agencies (including the Agriculture Department and Energy Department) issued a joint statement identifying seven principles that should be applied in the voluntary carbon...more

Jones Day

The Climate Report: Fourth Quarter 2023

Jones Day on

REGULATORY ISSUES & UPDATES - Mandatory Climate Change Reporting Requirements Under the New European ESRS E1 - The implementation of the European Sustainability Reporting Standards poses risks for reporting companies,...more

Jones Day

U.S. Treasury Publishes Principles for Net-Zero Financing and Investment by Financial Institutions

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The September 2023 publication by the U.S. Treasury Department of its Principles for Net-Zero Financing and Investment ("Principles") marks the first time a major U.S. government agency has provided guidance to the financial...more

Cadwalader, Wickersham & Taft LLP

U.S. Treasury Unveils Principles to Guide Financial Institutions’ Net-Zero Commitments

On September 19, 2023, the U.S. Treasury Department introduced nine guiding principles for private sector financial institutions that have made net-zero commitments. The principles are intended to highlight and encourage the...more

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