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California Legislature Passes Four Aggressive Climate Bills and Authorizes Extension of Diablo Canyon

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

CARB Finalizes Zero-Emission Auto Rules

California continues to push toward its statewide carbon-neutrality goals. On August 25, 2022, the California Air Resources Board (CARB) unanimously approved regulations that require all new 2035 and later passenger...more

California Expands State Agency Authority to Spur Clean Energy and Bolster Grid Reliability

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

Bureau of Land Management Issues Guidance on Authorizing Carbon Sequestration on Public Land

The guidance sends a signal that carbon capture and sequestration remains a focus of the current administration’s decarbonization efforts. On June 8, 2022, the US Department of the Interior’s (Interior) Bureau of Land...more

CFTC Issues Request for Information on Climate-Related Financial Risk

The agency will use the information to take further steps to address climate risks in the commodity derivatives markets. On June 2, 2022, the Commodity Futures Trading Commission (CFTC) issued a Request for Information...more

California Air Resources Board Releases Draft Scoping Plan Update (Part 4)

CARB addresses California’s increasingly severe climate impacts. On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update (Draft Scoping Plan) for public review and comment....more

California Air Resources Board Releases Draft Scoping Plan Update (Part 3)

CARB doubles down on LCFS Program and liquid transportation fuels. On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update (Draft Scoping Plan) for public review and...more

California Air Resources Board Releases Draft Scoping Plan Update (Part 2)

CARB opts to stay the course on Cap-and-Trade Program. On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update for public review and comment. Assembly Bill (AB) 32, the...more

California Air Resources Board Releases Draft Scoping Plan Update

The Draft 2022 Scoping Plan Update takes an all-of-the-above approach to decarbonize California. On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update for public review...more

California Senate Passes Broad GHG Emissions Reporting Requirements

If adopted, the Senate bill would require large US companies doing business in California to report Scopes 1, 2, and 3 emissions as of January 2024. The California Legislature is considering a bill to impose corporate...more

Low-Carbon Hydrogen in Latin America: Current Context and Opportunities

Latin America is well positioned for a strategic role as a hub for the production and utilization of low-carbon hydrogen in the global energy transition. Low-carbon hydrogen is set to play a key role in the...more

Regional US Transportation & Climate Initiative Program Comes to an End

A multistate cap-and-invest program to reduce carbon emissions from the transportation sector is dead after several participating states pulled out. Less than one year ago, the governors of Massachusetts, Rhode Island,...more

SoCal Regulators Require Warehouses to Reduce Trucking Emissions - Who’s Next?

A local air district in Southern California approved a rule requiring warehouses to reduce trucking emissions and adopt clean technologies or pay a mitigation fee. Latham & Watkins attorneys examine it's requirements and say...more

California and Key Stakeholders Join Warehouse Regulation Lawsuit

The State and NGOs seek to defend an emissions rule that trucking and airline trade groups are challenging in federal court. On October 13, 2021, the State of California, on behalf of the Office of the Attorney General...more

CEQ Issues Report to Congress on CCUS

CEQ report calls for widespread CCUS deployment to achieve climate goals. On June 30, 2021, the White House Council on Environmental Quality (CEQ) issued a report to Congress that outlines a framework for how the US can...more

Air Regulators Tackle Trucking at Southern California Warehouses

A local air district approved a rule requiring warehouses to adopt clean technologies or pay a mitigation fee. At a contentious board hearing on May 7, 2021, the South Coast Air Quality Management District (SCAQMD) approved a...more

TCI Program Established to Reduce Carbon Emissions From Transportation

The program will include a multi-jurisdictional cap-and-invest program and aims to address environmental justice and equity concerns. On December 21, 2020, the Governors of Massachusetts, Rhode Island, and Connecticut,...more

CARB Steers Clean Miles Standard Toward Formal Rulemaking

The agency has further strengthened electrification targets and provided additional details on compliance options for Transportation Network Companies. The California Air Resources Board (CARB) is developing the Clean...more

Treasury Finalizes Carbon Capture Tax Credit Regulations

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

4 Things to Know About CARB’s Clean Miles Standard

California is making significant progress on a first-of-its-kind regulation that will reduce GHG emissions from ride-sharing vehicles. As directed by Senate Bill (SB) 1014, the California Air Resources Board (CARB) is...more

California to Require 100% Zero-Emission Passenger Vehicle Sales by 2035

The Governor has issued an Executive Order with sweeping implications for the oil and gas industry and others. On September 23, 2020, California Governor Gavin Newsom signed Executive Order N-79-20, which will have...more

Future of Carbon Capture Looks Bright After Treasury Proposes Long-Awaited Regulations

The Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit. Key Points: ..These rules are the third in a series of regulatory guidance issued by the IRS...more

Proposed IRS Guidance on Carbon Capture Tax Credits

Market participants can comment on new details related to the requirements, time periods, and permitted transfers of carbon credits. On May 28, the IRS released the long-awaited third piece of carbon capture tax credit...more

CARB Attempts to Contain LCFS Credit Prices

In recent LCFS amendments, CARB introduced a new price cap on all LCFS credit transfers and authorized limited future credit borrowing. On November 21, 2019, the California Air Resources Board (CARB) passed Resolution...more

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