The US Securities and Exchange Commission (SEC) adopted new climate-related risk disclosure rules on March 6, 2024, two years after the SEC proposed new climate-related disclosure rules and three years after the SEC first...more
3/12/2024
/ Annual Reports ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Final Rules ,
Greenhouse Gas Emissions ,
Popular ,
Publicly-Traded Companies ,
Regulation S-K ,
Regulation S-X ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
In recent years, environmental and sustainability concerns have become increasingly important across the economy. Such concerns create both risks and opportunities for the alcoholic beverages industry. Join our experienced...more
4/7/2023
/ Beer ,
Breweries ,
Business Opportunities ,
Carbon Emissions ,
Clean Energy ,
Continuing Legal Education ,
Distilleries ,
Energy Projects ,
Environmental Social & Governance (ESG) ,
Federal Taxes ,
Inflation Reduction Act (IRA) ,
Power Purchase Agreements ,
Risk Management ,
Sustainability ,
Tax Credits ,
Tax Liability ,
Webinars ,
Wine & Alcohol ,
Wineries
On April 27, members from McDermott’s ESG, Impact & Sustainability Group, including Counsel David Cifrino and Partners Thomas Dawson, Carl Fleming and Jacob Hollinger, hosted a webinar on risks, opportunities and disclosures...more
The US Securities and Exchange Commission’s (SEC) recently proposed landmark climate-related disclosure rules draw attention to a broad scientific consensus that to avert catastrophic consequences from climate change, the...more
3/29/2022
/ Business Opportunities ,
Carbon Emissions ,
Climate Change ,
Disclosure Requirements ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Insurance Industry ,
Investors ,
Net Zero ,
Publicly-Traded Companies ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Webinars
The US Securities and Exchange Commission (SEC) proposed new climate change disclosure rules on March 21, 2022. The proposed rules (Release Nos. 33-11042; 34-99478) draw heavily on the “four pillar” disclosure framework...more
3/23/2022
/ Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Domestic Corporations ,
Environmental Social & Governance (ESG) ,
Foreign Corporations ,
Greenhouse Gas Emissions ,
Proposed Rules ,
Securities and Exchange Commission (SEC) ,
Sustainability ,
Task Force on Climate-related Financial Disclosures (TCFD)
During the latest webinar in our Energy Transition series, Partners Robert Lamkin and Jacob Hollinger hosted Louis Martinsen, vice president, origination at Boston Energy Trading and Marketing, for a 30-minute discussion...more
On March 2, McDermott Partners Robert Lamkin and Jacob Hollinger will host Louis Martinsen, vice president, origination at Boston Energy Trading and Marketing, to discuss hedge product opportunities for renewable and storage...more
Many stakeholders have called for the United States to adopt a carbon tax. Such a tax could raise billions of dollars in annual revenue while simultaneously reducing greenhouse gas emissions. Several carbon tax proposals were...more
2/12/2021
/ Biden Administration ,
Carbon Emissions ,
Carbon Taxes ,
Charging Stations ,
Clean Air Act ,
Climate Change ,
Department of Energy (DOE) ,
Department of Environmental Protection ,
Fossil Fuel ,
Methane ,
New Legislation ,
Renewable Energy
With Democrats taking over the White House and the Senate, many eyes are on climate change and the role that the federal government can take to combat it. A variety of proposals have been floated about the best way for...more
On July 21, 2020, New York Governor Andrew Cuomo announced the largest combined clean energy solicitation ever issued in the United States, seeking up to 4 GW of renewable capacity. This capacity is broken up into 2500 MW of...more
McDermott hosted Rob Gramlich, Founder and President of Grid Strategies, LLC, on July 16 for a discussion of low-cost decarbonization strategies for the electricity sector. We framed the discussion around 2020 US Presidential...more
McDermott continues to interact with industry leaders to provide the latest market updates in the energy industry. On July 16, Partners Ed Zaelke and Jacob Hollinger will host Rob Gramlich, founder and president of Grid...more
The Treasury Department and IRS recently published proposed regulations implementing the Section 45Q carbon capture and sequestration credit. The regulations clarify some questions about the credit, though many questions...more
6/16/2020
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Energy Market ,
Energy Sector ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Popular ,
Proposed Regulation ,
Proposed Rules ,
Tax Credits ,
Tax Planning ,
Webinars
The Internal Revenue Service (IRS) has released a long-awaited proposed rule to implement section 45Q of the Internal Revenue Code, the statutory provision that creates a tax credit for capturing and sequestering carbon...more
6/9/2020
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Energy Market ,
Energy Sector ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Popular ,
Proposed Regulation ,
Proposed Rules ,
Tax Credits ,
Tax Planning ,
Webinars
McDermott recently hosted Jonathan Burnston, Managing Partner of the energy sector financial services firm Karbone, for a discussion of recent developments affecting environmental, social and governance (ESG) investing,...more
The Internal Revenue Service (IRS) has released a long-awaited proposed rule to implement section 45Q of the Internal Revenue Code, the statutory provision that creates a tax credit for capturing and sequestering carbon...more
McDermott continues its dialogue with renewable industry leaders to provide the latest market updates on the disruption, challenges and opportunities COVID-19 presents to the industry.
On June 4, McDermott will host...more
How does the coronavirus pandemic impact the pace of commercial litigation? This article identifies factors for companies to consider in determining which commercial litigation activities can and should move forward and which...more
In the United States, the federal Clean Air Act (CAA) requires all “major sources” of air pollution, such as power plants, refineries and other large industrial facilities, to obtain permits detailing the conditions under...more
In the United States, federal agencies that license, permit or finance energy and infrastructure projects must, with some limited exceptions, analyze the environmental impacts of those projects before they approve them,...more
Late in the day on Tuesday, February 9, the U.S. Supreme Court stayed, for at least a year and possibly longer, the implementation of the Clean Power Plan (CPP), the US Environmental Protection Agency’s (EPA’s)...more
2/12/2016
/ Chevron Deference ,
Clean Power Plan ,
Corporate Counsel ,
Environmental Protection Agency (EPA) ,
Greenhouse Gas Emissions ,
Oil & Gas ,
Order to Stay ,
Paris Agreement ,
Power Plants ,
SCOTUS ,
Young Lawyers
The U.S. Environmental Protection Agency (EPA) signed a new air pollution rule in September that illustrates how EPA is implementing its next generation compliance ideas. The rule governs hazardous air emissions from...more
10/20/2015
/ Air Pollution ,
Corrective Actions ,
Databases ,
Enforcement Actions ,
Environmental Protection Agency (EPA) ,
Hazardous Substances ,
New Regulations ,
Next Generation ,
Pollution Control ,
Public Disclosure ,
Refineries
The U.S. Supreme Court held this morning that the U.S. Environmental Protection Agency (EPA) acted unreasonably when it determined in 2000, and again in 2012, that it was “appropriate and necessary” to regulate mercury...more
The U.S. Environmental Protection Agency (EPA) is expected to announce between now and December 31, 2014 its plan for pursuing methane reductions from the oil and gas sector – including whether it will propose new emission...more
The U.S. Environmental Protection Agency (EPA) issued a proposed rule on September 5, 2014 that would prevent states from including affirmative defenses in their Clean Air Act state implementation plans (SIPs) for emissions...more