Day two of the 29th Annual United Nations Climate Change Conference (COP29) saw the US Special Presidential Envoy for Climate make its first post-election statements in Baku....more
11/14/2024
/ Biden Administration ,
Carbon Emissions ,
Climate Change ,
COP ,
Energy Sector ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Greenhouse Gas Emissions ,
Legislative Agendas ,
Paris Agreement ,
United Nations
On the first day of the 29th Annual United Nations Climate Change Conference (COP29), US Climate Envoy John Podesta said the fight against climate change will not stop under President-elect Donald Trump’s next term....more
On April 4, 2024, the White House activated a much-anticipated program meant to catalyze private investment in clean technology across the United States. It will award $20 billion in grant funding to eight recipients under...more
4/5/2024
/ Biden Administration ,
Clean Energy ,
Energy Projects ,
Environmental Protection Agency (EPA) ,
Federal Funding ,
Grants ,
Greenhouse Gas Emissions ,
Inflation Reduction Act (IRA) ,
Investment ,
Investors ,
Lenders ,
Private Equity
As part of its push to transition the American automotive industry to electric vehicles (EVs), the Biden-Harris administration has proposed two new vehicle pollution standards. The first rule targets greenhouse emissions from...more
During this webinar, Heather Cooper and Carl Fleming, partners in the McDermott’s energy & project finance group, teamed up with McDermott+Consulting’s Debra Curtis to break down the key opportunities and actionable steps...more
11/21/2022
/ Biden Administration ,
Climate Change ,
Energy Sector ,
Financing ,
Greenhouse Gas Emissions ,
Healthcare ,
Hospitals ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
Production Tax Credit ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Tax Deductions ,
Tax Equity
The National Electric Vehicle Infrastructure (NEVI) Formula Program, sponsored by the US Department of Transportation’s (DOT) Federal Highway Administration (FHWA), will provide $5 billion in funding for states to establish...more
In an unprecedented move, US President Joe Biden has decided to do the following:
1. Temporarily pause the imposition of any duties or estimated duties that might result from the US Department of Commerce’s (Commerce)...more
Carl Fleming, a partner in McDermott’s Energy and Project Finance Group and leader in its Energy Transition Team, hosted a panel of industry leaders from Apex Clean Energy, Leyline Renewables and Pattern that explored the...more
On December 8, 2021, US President Joe Biden signed an executive order that directs the federal government to become carbon neutral by 2050. Due to the procurement power of the federal government, this executive order aims to...more
On October 13, 2021, during a speech at American Clean Power’s Offshore WINDPOWER Conference & Exhibition, US Department of the Interior Secretary Deb Haaland announced a path forward for future offshore wind leasing along...more
10/19/2021
/ Biden Administration ,
BOEM ,
Clean Energy ,
Department of the Interior ,
Energy Projects ,
Energy Sector ,
Investment Tax Credits ,
Offshore Wind ,
Renewable Energy ,
Wind Farm ,
Wind Power
The US-China trade war has caused a significant impact on the solar industry, and that impact is expected to grow. In this webinar, learn how solar industry leaders are handling the effects of the US–China trade war and how...more
10/7/2021
/ Anti-Dumping Agreement ,
Biden Administration ,
China ,
Countervailing Duties ,
Customs and Border Protection ,
Force Majeure Clause ,
Imports ,
Solar Energy ,
Solar Panels ,
Suppliers ,
Supply Chain ,
Supply Contracts ,
Tariffs ,
Tax Credits ,
Trade Wars ,
U.S. Commerce Department ,
Withhold Release Orders (WROs)
US RENEWABLES: INVESTMENT OPPORTUNITIES PERSIST IN UNCONVENTIONAL PLACE -
Apart from a few challenges, the sellers’ market in renewable energy is accelerating under the Biden administration, leading international investors...more
10/5/2021
/ Asia ,
Biden Administration ,
Clean Energy ,
Climate Change ,
Energy Sector ,
EU ,
Green Deal ,
Hydrocarbons ,
Infrastructure Financing ,
International Trade ,
Investment ,
Investors ,
Petrochemicals ,
Renewable Energy ,
Sanctions ,
Sellers ,
UK
Find out how solar industry leaders are overcoming the US-China trade war as Pine Gate Renewables Director of Regulatory Affairs Brett White and Assistant General Counsel Jess Cheney join us for a live discussion hosted by...more
10/4/2021
/ Anti-Dumping Duty ,
Biden Administration ,
China ,
Countervailing Duties ,
Energy Market ,
Energy Projects ,
Energy Sector ,
Renewable Energy ,
Solar Energy ,
Supply Chain ,
Tariffs ,
Trade Wars ,
U.S. Commerce Department ,
Webinars ,
Withhold Release Orders (WROs)
On August 5, 2021, US President Joe Biden announced and signed an executive order that sets a new target to make half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid...more
The federal government is seeking to increase cybersecurity in critical infrastructure industries through the implementation of a voluntary Industrial Control Systems Cybersecurity Initiative (Initiative), while the US House...more
On June 4, 2021, days before the Biden Administration announced its intent to consider further expansion of offshore wind development in the Gulf of Mexico, nine governors issued a joint letter to US President Joe Biden’s...more
The White House released a report on June 8, 2021, detailing the findings and recommendations of a crucial supply chains review ordered by US President Joe Biden in February. The order directed the examination of...more
Earlier this week, the Biden Administration announced its intent to consider further expansion of offshore wind development in the Gulf of Mexico. This announcement comes two weeks after the Biden Administration announced an...more
On May 25, 2021, the Biden Administration announced an agreement to lease almost 400 miles off California’s northern and central coasts for offshore wind development. The announcement expands on the recent approval of the...more
On May 11, the Biden Administration approved the first major offshore wind project in US waters. The Vineyard Wind project, located approximately 12 nautical miles offshore Martha’s Vineyard, will consist of 800-megawatts and...more
2030 is the new 2050 as US President Joe Biden has officially set a new goal for fighting climate change over the next decade in the United States. At the Leaders Climate Summit (the Summit) on Earth Day, he announced that...more
4/28/2021
/ Biden Administration ,
Carbon Capture and Sequestration ,
Clean Energy ,
Climate Change ,
Energy Storage ,
Greenhouse Gas Emissions ,
Infrastructure Financing ,
Investment Tax Credits ,
Net Zero ,
Offshore Wind ,
Production Tax Credit ,
Renewable Energy ,
Tax Policy ,
Tax Rates ,
Tax Refunds
US Senate Finance Committee Chairman Ron Wyden (D-OR) introduced the Clean Energy for America Act (the Act), along with two dozen Democratic co-sponsors, on April 21, 2021. The Act will likely be a starting point for the...more
On April 14, McDermott Will & Emery partners Tom Conaghan and Carl Fleming and Nicole Neeman Brady, CEO and director of the renewable energy SPAC, Sustainable Development Acquisition I Corp, discussed the rise of special...more
The energy market has undergone significant change in the past 12 months, with even more on the horizon. Join us for a webinar series as we explore how these changes have shaped—and will continue to impact—the energy...more
Earlier this week, Michael Regan was confirmed as the head of the Environmental Protection Agency (EPA), winning US Senate approval by a 66–34 vote. Regan’s confirmation will serve as an asset to the Biden administration’s...more