The energy demands of artificial intelligence (AI) technologies are growing significantly, with the Department of Energy (DOE) forecasting a tenfold increase in data center energy demand due to the rise of AI applications and...more
6/11/2024
/ Artificial Intelligence ,
Clean Energy ,
Department of Energy (DOE) ,
Energy Sector ,
FERC ,
Fossil Fuel ,
Infrastructure ,
Investment ,
National Security ,
Power Grid ,
Renewable Energy ,
Technology Sector
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
3/26/2024
/ Carbon Emissions ,
Clean Energy ,
Energy Projects ,
Energy Sector ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Infrastructure ,
Investment ,
Oil & Gas ,
Popular ,
Renewable Energy ,
Startups ,
Well Drilling
The rules impose standardized disclosure requirements on public companies beginning as early as 2026 (for fiscal year ending 2025, depending on filer status).
Climate-related disclosures, including in financial statement...more
3/15/2024
/ Annual Reports ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Final Rules ,
Financial Statements ,
Greenhouse Gas Emissions ,
Renewable Energy ,
Risk Management ,
Risk Mitigation ,
Securities and Exchange Commission (SEC) ,
Severe Weather ,
Transparency
The proposed regulations go beyond the use of the GREET model by requiring the use of “energy attribute certificates” (EACs) to prove eligibility for the credit under section 45V of the Internal Revenue Code (IRC). The use of...more
1/2/2024
/ Clean Energy ,
Department of Energy (DOE) ,
Energy Tax Incentives ,
European Commission ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
Proposed Regulation ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury ,
Zero Emission Credits
The application cycle for the first round of credits will soon open. Treasury’s additional guidance clarifies what types of facilities may qualify for credits, the submission process and the selection criteria for evaluating...more
6/21/2023
/ Clean Energy ,
Department of Energy (DOE) ,
Energy Projects ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
Investment ,
IRS ,
New Guidance ,
Nuclear Power ,
Personal Property ,
Popular ,
Risk Management ,
Solar Energy ,
U.S. Treasury ,
Wind Power
The credit was included in the 2023 Budget Proposal, and if passed by Parliament will provide an ITC of up to 40% for eligible clean hydrogen projects.
Canada’s recently introduced 2023 budget includes $17.7 billion CAD...more
Concept papers are due on April 21, 2023, and full applications are due on August 4, 2023.
The Department of Energy will provide up to approximately 65 total awards, with up to $6 billion in total funding, for projects...more
3/14/2023
/ Carbon Capture and Sequestration ,
Clean Fuels Program (CFP) ,
Department of Energy (DOE) ,
Federal Funding ,
Funding Opportunities ,
Greenhouse Gas Emissions ,
Immigration Procedures ,
Inflation Reduction Act (IRA) ,
Manufacturers ,
Renewable Energy ,
Supply Chain
Ratification of the Kigali Amendment formally commits the U.S. to a global effort to significantly reduce production and use of HFCs and reinforces the aggressive domestic HFC phasedown begun last year by the AIM...more
Once signed into law, the Inflation Reduction Act of 2022 will make historic investments in clean energy and significant reforms to tax policies.
The Senate passed the Inflation Reduction Act on August 7, 2022, after...more
The Inflation Reduction Act of 2022 would constitute a historic investment in the U.S. clean energy industry.
If passed, the bill would be the biggest and most significant climate and energy bill ever passed by Congress....more
7/29/2022
/ Climate Change ,
Corporate Taxes ,
Department of Energy (DOE) ,
Drug Pricing ,
Energy Sector ,
Investment ,
IRS ,
Medicare ,
Production Tax Credit ,
Proposed Legislation ,
SALT ,
Tax Reform
The Supreme Court rejected EPA’s Obama-era Clean Power Plan in a decision that has significant implications both for future attempts by EPA to regulate CO2 emissions and for other agencies attempting to promulgate rules that...more
7/5/2022
/ Centers for Disease Control and Prevention (CDC) ,
Clean Air Act ,
Clean Energy ,
Clean Power Plan ,
Controlled Substances Act ,
Coronavirus/COVID-19 ,
Environmental Protection Agency (EPA) ,
Food and Drug Administration (FDA) ,
Greenhouse Gas Emissions ,
Natural Gas ,
OSHA ,
SCOTUS ,
West Virginia v EPA
The Federal Energy Regulatory Commission has reopened the comment period for its natural gas infrastructure policy statements, giving the hydrogen industry a chance to champion policies that could promote hydrogen...more
The U.S. Securities and Exchange Commission issued proposed rule amendments requiring climate disclosures by public companies.
The SEC’s new climate disclosure rule will require all companies to report Scope 1 and Scope 2...more
3/28/2022
/ Climate Change ,
Disclosure Requirements ,
Financial Statements ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Nuclear Power ,
Proposed Amendments ,
Publicly-Traded Companies ,
Renewable Energy ,
Securities and Exchange Commission (SEC) ,
Sustainable Finance ,
Task Force on Climate-related Financial Disclosures (TCFD)
The Department of Energy has released two Requests for Information soliciting feedback and recommendations on the $9.5 billion-dollar clean hydrogen programs established by the Infrastructure Investment and Jobs Act.
The...more
The DOE Hydrogen Program presented in detail on nine U.S. regional clean hydrogen clusters identified as a result of its summer Request for Information.
The DOE launched a new “H2 Matchmaker” tool to enable clean hydrogen...more
Increasing public awareness of the environmental and social impacts of plastic pollution is pushing plastic management to a leading place in ESG evaluations.
ESG and sustainable finance programs continue to gain momentum...more
On August 10, 2021, the U.S. Senate passed the Infrastructure Investment and Jobs Act (IIJA) by a bipartisan vote of 69–30. In addition to funding for roads and bridges, the $1.2 trillion infrastructure package establishes a...more
The Senate-passed bill authorizes and appropriates $9.5 billion for clean hydrogen research, development and demonstration programs to be managed by the Secretary of Energy.
The bulk of this funding—$8 billion—is...more
UK Government begins consultation process on a comprehensive plan to achieve a low-carbon hydrogen economy.
While over 30 countries have announced hydrogen roadmaps, the UK Hydrogen Strategy is unique in that it sets out...more
The current bill contains several provisions which would significantly alter the requirements of National Environmental Policy Act review, but it remains to be seen whether those changes will survive House review.
The...more
On 9 August 2021 the UK Maritime and Coastguard Agency published a Consultation on proposed merchant shipping regulations for nuclear ships.
The proposed regulations cover commercial ships with nuclear propulsion systems....more
Texas and Louisiana are stepping up efforts to assume regulatory authority for an emerging wave of Carbon Capture and Storage (CCS) projects.
Despite carbon sequestration being highly touted as a key tool to mitigate...more
In an important step furthering recent commitments to modernize its environmental review process, the NRC has requested input on its plan to update and expand the field of categorical exclusions in its regulations...more
Businesses are encouraged to provide input on EPA’s HFC allowance allocation process during the forthcoming public comment period.
To achieve the objectives of the American Innovation and Manufacturing Act (AIM), which...more
President Biden’s American Jobs Plan includes ambitious spending proposals and modifications of the tax code that will affect businesses in all sectors of the U.S. economy.
President Biden announced the American Jobs Plan...more
4/20/2021
/ Affordable Housing ,
Airports ,
Biden Administration ,
Bridges ,
Broadband ,
Carbon Capture and Sequestration ,
Clean Energy ,
Electric Vehicles ,
Energy Efficiency ,
Energy Storage ,
Highways ,
Infrastructure ,
Manufacturers ,
Power Grid ,
Public Transit ,
Railways ,
Research and Development ,
Roads ,
Supply Chain ,
Tax Code ,
Water