News & Analysis as of

Energy Sector Carbon Capture and Sequestration

Oliva Gibbs LLP

Carbon Copy: Pennsylvania’s CO2 Storage Plan Breaks New Ground

Oliva Gibbs LLP on

On July 17, 2024, Pennsylvania joined a growing number of states establishing a legal framework for the underground storage of carbon dioxide. Carbon capture and underground sequestration (“CCUS”) is promoted as a technology...more

Brownstein Hyatt Farber Schreck

Brownstein Sponsors the 2024 Rockies Petroleum Conference

Brownstein was privileged to sponsor this year’s Rockies Petroleum Conference, hosted by the Petroleum Association of Wyoming, in Laramie, Wyoming, on Aug. 21–23, 2024....more

K&L Gates LLP

Carbon Quarterly – Volume 9

K&L Gates LLP on

Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

Holland & Knight LLP

IRS Releases Long-Awaited Section 45Q LCA Procedures

Holland & Knight LLP on

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

Mayer Brown

Illinois Paves Way for Carbon Capture and Sequestration with SAFE CCS Act

Mayer Brown on

Illinois has established a comprehensive regulatory framework for the development of carbon capture and sequestration (CCS) projects. The state's legislature has passed Senate Bill 1289, also known as the SAFE CCS Act, which...more

Mintz

Reading about failed turbine blades & "alkalinity enhancement"? Well we've dealt ourselves a lousy climate hand and don't have the...

Mintz on

Two Boston Globe stories I read this weekend on the rapidly shrinking island of Nantucket this weekend are worthy of your attention.    The first story is about EPA's consideration of a plan to intentionally dump 6600...more

A&O Shearman

UK General Election 2024 - How do Labour and Conservative plans compare for net zero and the energy sector?

A&O Shearman on

The 2024 General Election is imminent and all four of the biggest political parties have now released their election manifestos. With the push to net zero remaining critical in accordance with the UK’s domestic and...more

Latham & Watkins LLP

German Federal Government Lays Foundation for CCS in Germany

Latham & Watkins LLP on

The key principles for a Carbon Management Strategy and draft act on the revision of the Carbon Storage Act create new opportunities for investors and project developers. The German Federal Government’s Carbon Management...more

Holland & Knight LLP

Podcast - Carbon Markets Lightning Round: State and Federal Updates

Holland & Knight LLP on

In this episode of our "An Energized Exchange" podcast series by our Energy & Natural Resources Industry Sector Group, attorneys Alex Holtan and Andy Kriha shine a light on all things carbon markets, both voluntary and...more

J.S. Held

Impact of the Clean Energy Transition on Asset Retirement Obligations and Environmental Cleanup Costs

J.S. Held on

Introduction: Hidden Challenges of Energy Transition - The evolution of energy transition in the United States has been driven, historically, by advances in new technology, fuel availability, fuel pricing, and, probably...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Treasury, Internal Revenue Service Issue Final Regulations for Transfer of Energy Credits

On April 25, 2024, the U.S. Department of Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations regarding the transfer of energy tax credits under the Inflation Reduction Act of 2022 (IRA)....more

Spilman Thomas & Battle, PLLC

Currents Energy Industry Insights, V 8, Issue 5, May 2024

Welcome to the fifth 2024 issue of Currents - our e-newsletter focused on energy topics. Impact of EPA's New Limits on Greenhouse Gas Emissions - On April 25, 2024, the Environmental Protection Agency (EPA) released a set...more

Paul Hastings LLP

Energy Act 2023 – Six Months On

Paul Hastings LLP on

What is the Energy Act and why does it matter? In October 2023 the Energy Act 2023 (the “Act”), dubbed the “biggest piece of energy legislation in the UK’s history” received Royal Assent. The Act contains wide ranging...more

K&L Gates LLP

Carbon Quarterly – Volume 8

K&L Gates LLP on

Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

Foley Hoag LLP - Energy & Climate Counsel

What Companies and Investors Need to Know about California Assembly Bill 1305, The Voluntary Market Disclosures Business...

On October 7, 2023, California Governor Gavin Newsom signed Assembly Bill 1305 into law, also known as the “Voluntary Market Disclosures Business Regulation Act,” or AB 1305. This law marks the first of its kind in the...more

Morgan Lewis - Power & Pipes

Day 2 Dispatch from CERAWeek: Challenges Facing Energy Project Developers

We’re back with another update from CERAWeek 2024 by S&P Global to highlight some key takeaways from day two of the conference. Many of the sessions on this day were dedicated to infrastructure development and highlighted the...more

Bracewell LLP

Protecting Energy Investments in Europe: UK Announces Withdrawal From the Energy Charter Treaty

Bracewell LLP on

On 22 February, the UK announced its intention to withdraw from the Energy Charter Treaty. According to Energy Security and Net Zero Minister Graham Stuart, the decision will support the UK’s transition to net zero and...more

Brownstein Hyatt Farber Schreck

Wyoming Passes Bill to Bolster Carbon Management Opportunities

With interest and activity in carbon capture, sequestration and storage and low carbon energy production ramping up, especially in Wyoming, the energy industry is celebrating the signing of HB0032. The bill, titled “Geologic...more

Foley Hoag LLP - Energy & Climate Counsel

EU Advances First-in-Kind Carbon Removal Certification Framework

On February 20, 2024, the European Union (EU) announced a provisional political agreement to establish an EU-wide framework for voluntary certification of carbon dioxide removal (CDR) projects. This announcement, which marks...more

Akin Gump Strauss Hauer & Feld LLP

The Road Ahead for Private Equity: Reflections and Predictions

The year 2023 will be remembered as a challenging one for private equity (PE), with complexities to navigate on many fronts. Traditional debt financing was expensive and scarce, expectations on valuations were tricky to...more

A&O Shearman

State support mechanisms: learning from the past to accelerate the future

A&O Shearman on

Government backing is critical to tilt markets in favour of green energy. But to incentivise the innovation required, we have to reflect on past failures. In his 2021 book How to Avoid a Climate Disaster, Bill Gates coined...more

A&O Shearman

10 lessons in sustainability regulation

A&O Shearman on

Creating an effective regulatory framework will be critical to deliver Net Zero. But does that mean more – or less – regulation? From trade agreements to taxonomies, carbon adjustment mechanisms to corporate sustainability...more

Perkins Coie

COP28: Takeaways for Businesses and Investors

Perkins Coie on

The 28th United Nations (U.N.) Climate Change Conference of the Parties (COP28) wrapped up in Dubai in mid-December 2023. This Article summarizes key takeaways and describes the potential implications for businesses and...more

Holland & Knight LLP

Breaking Down the Section 45V Clean Hydrogen PTC Proposed Regulations

Holland & Knight LLP on

The U.S. Department of the Treasury and the IRS on Dec. 22, 2023, released proposed regulations regarding the production tax credit (PTC) for hydrogen under Section 45V of the Internal Revenue Code, as enacted by the...more

A&O Shearman

Projects, energy and infrastructure in the GCC – What does 2024 have in store?

A&O Shearman on

Last year was big for the green hydrogen industry in the GCC. Alongside the dozens of MOUs entered into and announcements made at COP: - In May, the USD8.4 billion NEOM Green Hydrogen Project in KSA reached financial...more

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