On March 26, 2025, the New York State Department of Environmental Conservation (NYSDEC) announced proposed regulations that would establish a mandatory greenhouse gas (GHG) reporting program for fuel suppliers, waste haulers...more
This grant of authority could accelerate the permitting process for carbon capture and storage projects in the state.
On February 18, 2025, the US Environmental Protection Agency (EPA) approved a final rule granting West...more
The first global stocktake, Article 6, carbon markets, new finance pledges, and the loss and damage fund formed the major developments at this year’s conference.
Between November 30 and December 12, 2023, Dubai hosted the...more
12/28/2023
/ Climate Change ,
COP ,
Dubai ,
Energy Market ,
Energy Sector ,
Environmental Policies ,
Greenhouse Gas Emissions ,
Oil & Gas ,
Paris Agreement ,
Renewable Energy ,
UNFCCC ,
United Nations
The Supervisory Body published the Methodology Guidance and the Removal Guidance to be presented for discussion in COP28.
After two years of discussion, the Supervisory Body (SB) responsible for determining the...more
The US Department of Energy has committed $1 billion to support clean hydrogen offtakers to kickstart the hydrogen economy.
On July 5, 2023, the US Department of Energy (DOE) released a Notice of Intent (NOI) to invest up...more
Three funding opportunity announcements and a finance program provide significant investments to support carbon capture and sequestration.
Demand for carbon capture and sequestration (CCS) to meet global and national...more
Key Points -
..The draft Clean Hydrogen Production Standard (CHPS) proposes a lifecycle GHG emissions target of 4 kg CO2e per kilogram of hydrogen, which is in line with the clean hydrogen production tax credit in the...more
The climate bills championed by Governor Newsom stand to alter the state’s climate policy for years to come.
On August 31, 2022, the last day of its 2021-2022 session, the California Legislature passed four climate bills...more
9/9/2022
/ CARB ,
Carbon Capture and Sequestration ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Energy Sector ,
Governor Newsom ,
Greenhouse Gas Emissions ,
Nuclear Power ,
Oil & Gas ,
Pending Legislation ,
Pipelines ,
Setback Rules
A controversial new law gives the California Energy Commission authority over clean energy projects and authorizes the Department of Water Resources to fund new energy sources and extend the life of existing power plants. ...more
7/11/2022
/ California Energy Commission ,
CEQA ,
Clean Energy ,
Department of Water Resources ,
Energy Projects ,
Energy Sector ,
Governor Newsom ,
Jurisdiction ,
Power Grid ,
Regulatory Authority ,
Renewable Energy ,
State Budgets ,
Transmission Grid ,
Tribal Lands
The US Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit.
Key Points:
..The IRS finalized the third set of rules in a series of regulatory guidance...more
1/22/2021
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Climate Change ,
Energy Projects ,
Energy Sector ,
Final Rules ,
IRS ,
Popular ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury
IRS seeks comments on key technical questions under the 45Q Credit regime that should spur industry growth.
Key Points:
..The 45Q Credit, which was significantly broadened in 2018, provides a tax credit for each metric...more
DRECP under review in an effort to alleviate burdens on energy development.
The Bureau of Land Management (BLM) recently issued a notice of intent to review the Desert Renewable Energy Conservation Plan (DRECP) for...more
Financing energy projects that have entered into PPAs with CCAs presents unique challenges for lenders and investors.
Key Points:
..In recent years, CCAs have begun supplying energy to a growing number of consumers in...more
Recent guidance published by the California Air Resources Board (ARB) clarifies the treatment of diesel fuels under the Low Carbon Fuel Standard (LCFS) in light of the Court of Appeals’ May 30, 2017 decision in POET I....more
On April 18, 2017, California Assembly Members Garcia, Holden, and Garcia proposed amendments to Assembly Bill No. 378 (AB 378) that are intended to extend but significantly reshape California’s Cap-and-Trade Program. This...more
Two related cases, advancing in parallel, have the potential to upend California’s Low Carbon Fuel Standard (LCFS), whether via full suspension of the LCFS or carving out diesel fuels from the deficit and crediting...more
On July 12, 2014, the California Air Resources Board (CARB) proposed amendments to the California Cap-and-Trade Program (17 CCR 95800 et. seq.) for the first time since 2014. The amendments include major substantive changes...more
President Obama recently announced that the Department of Energy (DOE) Loan Program Office (LPO) is expanding support for innovative “distributed energy projects” by adding $1 billion in available loan guarantees to support...more
Existing and new power plants face increasing complexity as EPA’s historic final rule regulating greenhouse gas emissions represents a major expansion of EPA’s regulatory authority.
In a rare presidential announcement of...more
8/19/2015
/ Carbon Emissions ,
Clean Air Act ,
Clean Power Plan ,
Coal-Fired Generation ,
Energy Sector ,
Energy Tax Incentives ,
Environmental Protection Agency (EPA) ,
Final Rules ,
Greenhouse Gas Emissions ,
Natural Gas ,
Nuclear Power ,
Oil & Gas ,
Power Plants
On June 10, 2015, the California Independent System Operator (“CAISO”) released a draft final proposal (the “Expanded Metering and Telemetry Options Phase 2, Distributed Energy Resource Provider”) that, if finalized, would...more
Phase I of the Desert Renewable Energy Conservation Plan (“DRECP”) is underway on the 9.8 million acres of public land managed by the Bureau of Land Management (“BLM”). As discussed in our previous post, the four lead...more
I. LCFS Readoption -
The California Air Resources Board (“ARB”) is on the cusp of readopting the Low Carbon Fuel Standard (“LCFS”) regulation to remedy legal defects in the initial adoption process found by the...more
On Sept. 23, 2014, the California Energy Commission, California Department of Fish and Wildlife, U.S. Bureau of Land Management, and U.S. Fish and Wildlife Service released the Draft Environmental Impact Report/Environmental...more