Under the second Trump administration, the Securities and Exchange Commission (SEC) is likely to see broad changes in regulatory and enforcement initiatives once Chairman Gary Gensler leaves the commission, as is expected....more
On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) finalized a historic set of climate disclosure rules, which stand to be the most significant disclosure regime change since the Sarbanes-Oxley Act. The rule...more
On March 6, the Securities and Exchange Commission (“SEC”) voted along party lines to adopt its long-awaited climate-related disclosure framework for registrants. This “Final Rule” largely reflects the proposed rule put...more
The Treasury Department’s Federal Insurance Office (FIO) released a report on June 26 calling on state regulators to refine efforts to evaluate climate change risks in insurance markets. The report comes amid some insurers...more
RECONCILIATION UPDATE -
The Senate voted to pass the $750 billion Inflation Reduction Act (IRA) on Aug. 7, concluding a marathon session that began the night before. Passage of the bill in the Senate all but ensures a...more
This document summarizes the tax provisions of the Inflation Reduction Act of 2022 agreement that was released on July 27, 2022. The blue font signifies portions of the new bill that were added or have been modified from...more
8/5/2022
/ Aviation Industry ,
Biodiesel ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Corporate Taxes ,
Deficit Reduction ,
Green Energy ,
Green Finance ,
Inflation Adjustments ,
IRS
On March 21, the Securities and Exchange Commission (SEC) voted along party lines to propose its long-awaited climate disclosure framework for public companies. The proposed rule borrows concepts and definitions from the Task...more
Earlier today, during a speech in Pittsburgh, Pennsylvania, President Joe Biden unveiled the American Jobs Plan—the first part of a two-tranche strategy modeled after the post-Depression-era New Deal program to spur economic...more
The Jan. 27, 2021, “Executive Order on Tackling the Climate Crisis at Home and Abroad” is a broad, aspirational directive from the Biden administration to swiftly realign federal policy toward climate change. But the...more
On Jan. 25, the Senate voted overwhelmingly to confirm President Joe Biden’s nomination of Janet Yellen to be the 78th treasury secretary. Yellen is the first woman to hold the position and she will be responsible for...more
On Saturday, Dec. 19, 2020, President-elect Joe Biden unveiled his climate team, signaling the administration would make energy and environmental policy a top priority. The event formally announced rumored nominees Rep. Deb...more