Climate Change

News & Analysis as of

I’m Still a Cockeyed Optimist When It Comes to Climate Change

Last week, NRG Energy announced plans to reduce CO2 emissions 50% by 2030 and 90% by 2050. And this reduction is not from a 1990 or 2005 baseline; it is from 2014 emissions. NRG’s statement indicated that it had already...more

Baker Botts Year-End Perspectives: Bill Bumpers

This is the third in a series of six Q&As with Baker Botts partners addressing the most significant developments in their practice areas this year, as well as their outlook for 2015. The Q&As will be posted throughout the...more

Massachusetts Climate Adaptation Policy: How Broad Will It Be?

Yesterday, I suggested that Massachusetts EOEEA may not have authority to issue its “MEPA Climate Change Adaptation and Resiliency Policy.” However, since I also conceded that Massachusetts courts are unlikely to agree with...more

Environmental Impact Analysis — The Impact of a Project on the Environment or the Impact of the Environment on a Project?

Traditionally, environmental impact analysis, under NEPA and state analogs, has focused on the impacts that a proposed project may have on the environment. In Massachusetts, the Executive Office of Energy and Environmental...more

The Next Wave of Proxy Access Proposals: What Issuers Should Know and How They Can Prepare

The Comptroller of the City of New York, who oversees pension funds with a combined $160 billion in assets, recently submitted proxy access shareholder proposals at 75 U.S. public companies as part of its Boardroom...more

China Update - November 2014

In This Issue: - President Obama Visiting China, Burma, and Australia - APEC and the U.S. Economy - APEC Leaders Commitments - White House Fact Sheet on President Obama’s Visit to China -...more

CEQA Lawsuit to Enforce Climate Change Mitigation Measure Prevails

On October 29, 2014 the California Court of Appeal affirmed a trial court’s judgment enforcing a mitigation measure adopted by a county in its program environmental impact report (PEIR). As of the date of this blog post,...more

US, China reach landmark climate accord

In a historic move that adds life to international climate negotiations, the US and China have jointly committed to undertake significant actions to combat climate change. As announced by President Barack Obama and...more

Queensland Government calls for input into Climate Adaptation Strategy

The Queensland Department of Environment and Heritage Protection is in the process of developing a whole-of-government Climate Adaptation Strategy (CAS) to reduce risks to the Queensland economy, environment, infrastructure...more

Historic U.S.-China Agreement to Cut Greenhouse Gas Emissions

In a surprise announcement last evening from Beijing, President Obama and Chinese President Xi Jinping committed to ambitious cuts in carbon emissions over the next 15 years with the hope of preventing catastrophic global...more

Climate Action Plan for San Diego County Struck Down Under CEQA by Court of Appeal for Failure to Comply with Requirements for...

On October 29, 2014, the Fourth District Court of Appeal of California upheld the Sierra Club’s challenges to the County of San Diego’s (“County”) approval of a climate action plan (“CAP”) and related significance thresholds...more

U.S. and China Reach Historic Accord on Climate Change

In a surprise announcement that capped months of secret negotiations, on November 11, 2014, President Obama and Chinese President Xi Jinping announced an historic pact that commits each country to ambitious goals to cap...more

DOE Releases Climate Plans

On October 31, 2014, the U.S. Department of Energy (DOE) released two plans related to climate change. The Strategic Sustainability Performance Plan and the Climate Change Adaptation Plan are intended to reduce greenhouse gas...more

Post Election Update 2014

The 2014 Midterm Elections have taken place and Republicans performed extremely well in all categories – winning key gubernatorial and congressional races – in what many are viewing as a "wave election." In the...more

Sea level rise and coastal LNG terminals

Should federal agencies consider climate change and sea-level rise as they review the environmental impacts of liquefied natural gas terminals? Yes, according to letters recently filed with the Federal Energy...more

ML Strategies Energy and Environment Update: Week of 11/3/2014

ENERGY AND CLIMATE DEBATE - With election day looming, our attention turns to the outcomes of the close races, potential lame duck issues, and what the election means for the new 115th Congress....more

EU Leaders Agree On Climate And Energy Policy Framework For 2030

During a summit in Brussels on October 23-24, 2014, European Union (EU) leaders agreed to a blueprint to guide climate and energy policy through 2030. ...more

ML Strategies Energy and Environment Update: Week of 10/27/2014

ENERGY AND CLIMATE DEBATE - One week until election day, Congressional campaigns are in their final days, and several races remain too close to call. While Congress prepares for a brief but intense Lame Duck session,...more

Energy & Environment Update - October 2014 #4

In This Issue: - Energy and Climate Debate - Congress - Department of Energy - Department of Transportation - Department of Treasury - Environmental Protection Agency - Nuclear...more

The Obama Clean Power Plan Nuclear Gap

If we want to arrest climate change, all we need are more renewables like wind and solar, right? Not exactly, according to a newly published Canadian report from Hatch Ltd. on lifecycle greenhouse gas emissions (“GHG”). The...more

ULI Releases Report on Risks of Urban Flooding

The Boston/New England chapter of the Urban Land Institute (“ULI”) has released a report exploring design, policy and risk management strategies to help Boston and nearby cities such as Cambridge and Revere prepare for...more

New Pilot Program for Climate-Related Projects: Insurance for Energy Savings - The Mission of the Global Innovation Lab for...

"Insurance for Energy Savings" is one of four ideas selected on Oct. 20, 2014, for refinement, stress-testing and preparation of a pilot program by the Global Innovation Lab for Climate Finance. The Lab was launched in June...more

Electricity Market Reform update: Renewables Obligation grace periods for solar PV

Last year we published an alert summarising the government’s proposals for the transition from the Renewables Obligation (RO) regime to Contracts for Difference (CfDs). Since then, the UK government department responsible for...more

News Flash: Cap-and-Trade Remains the Most Efficient Way to Reduce Emissions

Notwithstanding Congressional gridlock on climate change legislation, cap-and-trade remains the tried and true efficient method for reducing air emissions. Although the acid rain provisions of the Clean Air Act are the most...more

Energy & Environment Update - October 2014 #3

In This Issue: - Energy and Climate Debate - Congress - Administration - Department of Agriculture - Department of Commerce - Department of Energy - Environmental Protection...more

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