The IRS on July 24, 2024, released Notice 2024-60, which provides Section 45Q guidance for utilization of carbon dioxide and other carbon oxides. The Notice addresses the information that must be included in the required life...more
8/12/2024
/ Administrative Review ,
Carbon Capture and Sequestration ,
Clean Air Act ,
Department of Energy (DOE) ,
Energy Sector ,
Greenhouse Gas Emissions ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
Production Tax Credit ,
Renewable Energy ,
Reporting Requirements ,
Tax Credits
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
8/7/2024
/ Coal ,
Congressional Committees ,
Critical Infrastructure Sectors ,
Department of Energy (DOE) ,
Energy Sector ,
Federal Land ,
FERC ,
Fossil Fuel ,
Inflation Reduction Act (IRA) ,
Infrastructure ,
Mineral Leases ,
Mining ,
Natural Gas ,
NEPA ,
Offshore Lease ,
Oil & Gas ,
Operational Permits ,
Proposed Legislation ,
Renewable Energy ,
Secretary of the Interior ,
Transmission Grid ,
Transmission Planning
During the first two years of the Biden Administration, U.S. Congress appropriated significant amounts of funding outside the regular annual process for several major multiyear initiatives. Major examples include the...more
7/17/2024
/ Appropriation ,
Biden Administration ,
Federal Acquisition Regulations (FAR) ,
Federal Budget ,
Federal Funding ,
GAO ,
Inflation Reduction Act (IRA) ,
Infrastructure Investment and Jobs Act (IIJA) ,
NDAA ,
OMB ,
Trump Administration ,
World Health Organization
The U.S. Department of the Treasury and IRS released Notice 2024-37 on April 30, 2024, regarding the Sustainable Aviation Fuel (SAF) Tax Credit found at Section 40B of the Internal Revenue Code as an income tax credit and...more
5/3/2024
/ Agricultural Sector ,
Aviation Industry ,
CARB ,
Carbon Offset and Reduction Scheme for International Aviation (CORSIA) ,
Climate Change ,
Department of Agriculture ,
Department of Energy (DOE) ,
Federal Pilot Programs ,
Fuel Supply ,
Greenhouse Gas Emissions ,
Internal Revenue Code (IRC) ,
IRS ,
New Guidance ,
Sustainability ,
Tax Credits ,
U.S. Treasury ,
USDA
The U.S. Securities and Exchange Commission (SEC) on March 6, 2024, adopted a new slate of standardized climate-related disclosure rules for public companies and foreign private issuers. Adopted by a 3-2 vote, the final rules...more
3/11/2024
/ Annual Reports ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Final Rules ,
Financial Reporting ,
Foreign Private Issuers ,
Greenhouse Gas Emissions ,
Publicly-Traded Companies ,
Regulation S-K ,
Regulation S-X ,
Regulatory Agenda ,
Risk Assessment ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
The U.S. Environmental Protection Agency's (EPA) Clean Ports Program is a $3 billion program established by the Inflation Reduction Act (IRA) to fund zero-emission (ZE) port equipment and technology, as well as assist U.S....more
11/6/2023
/ Air Quality Standards ,
Climate Change ,
Cost-Sharing ,
Critical Infrastructure Sectors ,
Diesel Fuel ,
Energy Projects ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Federal Funding ,
Federal Grants ,
Federal Highway Administration ,
Fishing Industry ,
Grants ,
Inflation Reduction Act (IRA) ,
Infrastructure ,
Ports ,
Tribal Lands
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
10/2/2023
/ Aerospace ,
Aviation Industry ,
Biofuel ,
Competitive Bidding ,
Federal Aviation Administration (FAA) ,
Federal Funding ,
Federal Grants ,
Fuel Supply ,
Greenhouse Gas Emissions ,
Sustainability ,
Sustainable Projects
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
2/1/2023
/ Biden Administration ,
Carbon Emissions ,
Climate Change ,
Electric Vehicles ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Federal Funding ,
Greenhouse Gas Emissions ,
Infrastructure ,
Maritime Transport ,
Research and Development ,
Transportation Industry ,
Vessels
When the 118th Congress convenes in January 2023, congressional activity on energy, environment and climate issues is expected to change dramatically as a result of the U.S. midterm elections on Nov. 8, 2022. With results now...more
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
The U.S. Senate on Aug. 7, 2022, passed the Inflation Reduction Act of 2022 (IRA). This comprehensive legislation is the result of many months of negotiations among Democrats to advance some of President Joe Biden's highest...more
8/8/2022
/ Administrative Agencies ,
Administrative Authority ,
Affordable Care Act ,
Biden Administration ,
Budget Reconciliation ,
Clean Energy ,
Climate Change ,
Corporate Counsel ,
Drug Pricing ,
Electric Vehicles ,
Energy Efficiency ,
Energy Sector ,
Environmental Policies ,
Federal Budget ,
Internal Revenue Code (IRC) ,
Medicare ,
Medicare Part D ,
Pending Legislation ,
Popular ,
Prescription Drugs ,
Regulatory Agencies ,
Renewable Energy ,
Superfund ,
Tax Incentives ,
Tax Revenues ,
Zero-Emission Vehicles
President Joe Biden announced a series of executive actions to combat climate change during a July 20, 2022, speech in Somerset, Massachusetts, from the base of a former coal-fired power plant where offshore wind energy...more
7/21/2022
/ Biden Administration ,
Climate Change ,
Department of Health and Human Services (HHS) ,
Energy Costs ,
Energy Projects ,
Executive Orders ,
Federal Budget ,
Federal Funding ,
Infrastructure ,
Job Creation ,
Low-Income Issues ,
Offshore Wind ,
Renewable Energy
The U.S. Supreme Court issued a long-anticipated ruling on June 30, 2022, regarding the authority of the U.S. Environmental Protection Agency (EPA) and other federal agencies to regulate greenhouse gas emissions from power...more
7/1/2022
/ Administrative Authority ,
Clean Air Act ,
Clean Power Plan ,
Climate Change ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Greenhouse Gas Emissions ,
Power Plants ,
Regulatory Agencies ,
Regulatory Oversight ,
SCOTUS
Holland & Knight invites you to read our China Practice Newsletter, in which our authors discuss pertinent Sino-American topics.
HIGHLIGHTS:
..SEC Releases Proposal to Enhance Disclosures for SPACs and De-SPAC...more
5/3/2022
/ Biden Administration ,
China ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Intellectual Property Protection ,
Mandatory Arbitration Clauses ,
Metaverse ,
Popular ,
Securities and Exchange Commission (SEC) ,
Sexual Harassment ,
Special Purpose Acquisition Companies (SPACs)
The U.S. Securities and Exchange Commission (SEC) on March 21, 2022, proposed rules that would require registrants to disclose information regarding climate-related risks in certain periodic reports and registration...more
Clean energy initiatives and legislation continue to advance with unprecedented direction, momentum and clout in the federal government. President Joe Biden and Congressional Democrats remain fiercely committed to enacting...more
7/22/2021
/ Appropriations Bill ,
Biden Administration ,
Budget Reconciliation ,
Carbon Emissions ,
China ,
Clean Energy ,
Climate Change ,
Competition ,
Congressional Committees ,
Department of Energy (DOE) ,
Electric Vehicles ,
Energy Sector ,
Federal Budget ,
Green Infrastructure ,
Green Initiatives ,
Green Technology ,
Legislative Agendas ,
National Science Foundation ,
Net Zero ,
Public Policy ,
Renewable Energy ,
Supply Chain ,
Surface Transportation
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
6/15/2021
/ Biden Administration ,
Carbon Capture and Sequestration ,
Corporate Taxes ,
Electric Vehicles ,
Energy Efficiency ,
Energy Sector ,
Federal Budget ,
Fossil Fuel ,
Green Book ,
Investment Tax Credits ,
IRS ,
Legislative Agendas ,
Nuclear Power ,
Oil & Gas ,
Production Tax Credit ,
Renewable Energy ,
Solar Energy ,
Sustainable Projects ,
Tax Credits ,
U.S. Treasury ,
Wind Power
The Biden Administration on May 20, 2021, issued its latest and long-awaited Executive Order (EO) on climate-related financial risk. This EO reflects how the administration is continuing to take a "whole of government"...more
6/1/2021
/ Biden Administration ,
CEQ ,
Climate Action Plan ,
Climate Change ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Energy Sector ,
Environmental Policies ,
Executive Orders ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
Financial Regulatory Agencies ,
Financial Services Industry ,
Insurance Industry ,
Net Zero ,
OMB ,
Risk Assessment ,
Task Force on Climate-related Financial Disclosures (TCFD)
Holland & Knight's Energy and Natural Resources (ENR) Industry Sector Group invites you to read the Climate Week Report, which provides insights and analysis of the important developments from U.S. Climate Action Week, held...more
Holland & Knight invites you to read the Spring 2021 issue of our Energy and Natural Resources Quarterly newsletter, in which our authors discuss important hot topics and developments in energy, natural resources and...more
3/25/2021
/ Agricultural Sector ,
Biden Administration ,
Clean Energy ,
Clean Tech ,
Colombia ,
Critical Infrastructure Sectors ,
Energy Projects ,
Executive Orders ,
Forestry ,
Fracking ,
Hydrogen Power ,
Latin America ,
Private Equity ,
Proposed Legislation ,
Renewable Energy ,
Supply Chain
Senior Democrats from the U.S. House Committee on Energy and Commerce introduced on March 2, 2021, their comprehensive climate bill, the Climate Leadership and Environmental Action for our Nation's (CLEAN) Future Act. The...more
3/10/2021
/ Carbon Emissions ,
Climate Change ,
Department of Energy (DOE) ,
Electric Vehicles ,
Energy Sector ,
Environmental Justice ,
Environmental Protection Agency (EPA) ,
Greenhouse Gas Emissions ,
Infrastructure ,
Net Zero ,
Proposed Legislation ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Transportation Industry ,
Waste Management
President Joe Biden signed three Executive Orders (EOs) on Jan. 27, 2021, to launch a "whole of government" approach to align federal policy with climate change, building upon three prior EOs that President Biden signed on...more
2/25/2021
/ Biden Administration ,
Buy American Act ,
Clean Energy ,
Climate Change ,
Electricity ,
Executive Orders ,
Green Initiatives ,
Greenhouse Gas Emissions ,
Legislative Agendas ,
Obama Administration ,
Public Procurement Policies ,
Renewable Energy ,
Renewable Energy Incentives ,
Sustainability ,
Utilities Sector ,
Zero-Emission Vehicles
The social cost of carbon (SCC) has a checkered regulatory history spanning nearly 40 years, but it now has been thrust back onto the federal stage, front and center. Among President Joe Biden's first acts in office was a...more
1/26/2021
/ Biden Administration ,
Carbon Emissions ,
Climate Change ,
Environmental Protection Agency (EPA) ,
Federal Land ,
Greenhouse Gas Emissions ,
Methane ,
Obama Administration ,
Public Health ,
Trump Administration ,
Working Groups
The end-of-the year omnibus (H.R. 133) is a massive $2.3 trillion spending bill containing appropriations for Fiscal Year (FY) 2021, COVID-19 relief funds, the first energy authorization in over a decade and extensions of a...more
President Donald Trump signed into law on Dec. 27 H.R. 133, an end-of-year legislative package that paired the long-awaited Energy Act of 2020, reauthorizing a number of U.S. Department of Energy (DOE) programs, with a...more
1/5/2021
/ Appropriation ,
Carbon Capture and Sequestration ,
Carbon Emissions ,
Collaboration ,
Department of Energy (DOE) ,
Department of the Interior ,
Energy Policy Act ,
Energy Sector ,
Energy Storage ,
Federal Funding ,
Federal Land ,
Government-Guaranteed Loans ,
Infrastructure ,
Renewable Energy ,
Renewable Energy Incentives ,
Research and Development ,
Transportation Industry ,
Water