In this edition:

- Oil and Gas Industry Discussion

- The False Claims Act: The Government’s Sword in Cash Grant Audits

- Is a 50 Percent Renewables Portfolio Standard in California’s Future?

- State Tax Update: A Summary of Recent State Renewable Energy Tax Law Developments

- Why End-Users Are Investing (Big) In Distributed Generation

- An Analysis of U.S. Energy Policy Objectives: Green and Brown Power Options Examined

- U.S. Solar M&A Market Update

- Will Residential Solar Debt Financing Eclipse The Third-Party Ownership Model?

- Excerpt from Oil and Gas Industry Discussion:

This past fall, Akin Gump Strauss Hauer & Feld held its annual Global Project Finance Client Retreat at the Lodge at Torrey Pines in La Jolla, California. The conference featured several panels covering a range of cutting-edge energy industry topics. Steve Davis, a partner in Akin Gump’s energy practice, moderated a panel discussion on trends in the oil and gas industry. The panel included Steve Otillar, a partner in the Akin Gump energy practice, Shaun Parvez, the President and Chief Investment Officer at SK USA, and Jeff Pendergraft, a Partner at the Galway Group. The following is an edited version of the discussion.