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Welcome to Horizon, DLA Piper’s regular bulletin reporting on late-breaking legislative and policy developments in ESG. Our aim is to scan the litigation, enforcement, and regulatory horizon to help inform business decisions....more
Australian Update - Australia and EU Enter Into Critical and Strategic Minerals Partnership - On 28 May 2024, Australia and the European Union (EU) signed a Memorandum of Understanding (MOU) for a bilateral partnership to...more
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
On December 20, 2023, the New York State Department of Environmental Conservation (DEC) and the New York State Energy Research and Development Authority (NYSERDA) released a pre-proposal outline of New York State’s...more
One year after the adoption of New York’s Advanced Building Codes, Appliance and Equipment Efficiency Standards Act, New York has new minimum energy efficiency standards for products and appliances. The standards, which apply...more
Consumers are increasingly seeking more sustainable products, making a company’s environmental, social and governance (ESG) practices part of their purchasing decisions. In the alcohol space, breweries, wineries and...more
January 5, 2023: Evolution Markets, a provider of strategic financial and transactional services intended to serve the global environmental and energy markets, was acquired by Xpansiv for an undisclosed amount on January 5,...more
EU Parliament and Council reach agreement on CSRD - European Parliament and European Council | 21 June 2022 - The European Parliament and European Council reached a provisional political agreement on the terms of the...more
The European Parliament has now "endorsed labeling some gas and nuclear energy projects as 'green.'" This designation will now enable these energy projects to have "access to hundreds of billions of euros in cheap loans and...more
Attorney General Bonta announces settlement with City of Fontana over controversial warehouse project - Fontana Herald News – April 18 - California Attorney General Rob Bonta announced a settlement on Tuesday with the City of...more
As of January 1, 2022, the first delegated acts adopted to supplement European Regulation (EU) 2020/852 of June 18, 2020 (the "Taxonomy Regulation") became applicable. The Taxonomy Regulation sets out a classification system...more
L.A. City Planning drafts plan to increase housing and affordable housing by 2029 - Spectrum News – July 1 - The Los Angeles Department of City Planning and the Housing and Community Investment Department last...more
European Commission issues first Delegated Act in the much-debated Taxonomy, moving forward with a multi-step approach in determining which activities are classified as sustainable. Nuclear energy, natural gas and...more
Lawmakers weigh moratorium extension as eviction cliff looms - Palo Alto Online – December 8 - With California's eviction moratorium set to expire in less than 60 days and 2 million people at risk of losing their rental...more
California voters narrowly reject split-roll initiative, but approve changes to property tax exemptions; San Francisco voters approve higher taxes on businesses - Bullet Allen Matkins – November 13 - On November 3,...more
Range Resources Corporation's 2020 Corporate Sustainability Report describes its industry leadership and commitment to sustainably producing natural gas for this generation and generations to come while prioritizing...more
ACEEE highlights 10 building energy performance standards to help meet climate goals - Bullet Utility Dive – June 24 - The American Council for an Energy-Efficient Economy (ACEEE) released a white paper this Monday...more
Energy Explosion: 10 Trends to Watch in Energy Restructuring - On April 20, 2020, U.S. benchmark crude traded negative for the first time. This drastic drop in price was caused by the perfect storm of the Saudi...more
Focus - San Diego residential developers must build more low-income units under new law - The San Diego-Union Tribune – December 10 - San Diego will require developers of housing projects to build more low-income...more
Pittsburgh International Airport (PIT) announced this week that it is establishing a microgrid to supply power at the airport, connected to the main electrical power grid in case of emergency but otherwise separate from it. ...more
This Breakthrough Lithium Extraction Technology Could Accelerate the Sustainable Energy Transition - "A breakthrough nanotechnology from cleantech start-up EnergyX promises to revolutionise the speed, cost and...more
Focus - California lawmakers move to reinstate and revamp local affordable housing program - Los Angeles Times – September 11 - California lawmakers have approved a bid to renew a program that pumped hundreds of millions...more
Focus - California lawmakers pass sweeping rent cap bill - The Mercury News – September 11 - In a significant victory for California renters struggling to find affordable housing, state lawmakers this Wednesday sent...more
Trump Aides Try to Quash Tax Hike Rumors Amid Infrastructure Talks "The White House is reassuring conservative leaders that it has no plans to hike the gas tax to help fund a massive infrastructure package that President...more
Sustainable Development Focus - California voters approve $6 billion in bonds to fund housing - U.S. NEWS & WORLD REPORT - Nov 7 California voters authorized $6 billion in bond funding for affordable housing as the...more