During the plenary session held the first week of June, the European Parliament voted on several items related to the European Union’s (EU) “Fit for 55” climate package. Debate and division continue to be strong. Key...more
This week the White House Council on Environmental Quality (CEQ) released “Carbon Capture Utilization and Sequestration Guidance” requesting comments by March 18, 2022. The guidance was also announced in a White House...more
Accelerate ESG debuts with Akin Gump partners Stacey Mitchell, Ken Markowitz and Naboth van den Broek reviewing the recent UN Climate Change Conference, which Ken and Naboth attended, to offer listeners insights into the...more
On Monday, July 19, 2021, Sen. Chris Coons (D-DE) and Rep. Scott Peters (D-CA-52) introduced The FAIR Transition and Competition Act of 2021 (S. 2378). The bill would, among other things, amend the Internal Revenue Code of...more
In connection with implementing the European Green Deal and its efforts to become the first climate-neutral continent, the European Commission announced on Wednesday, July 14 an ambitious package of proposals aimed at further...more
The U.S. Senate recently passed the bipartisan Growing Climate Solutions Act (Act) by a 92-8 vote to help American farmers, ranchers and private forest owners adopt, and ultimately profit from, activities that reduce or...more
As a consequence of Brexit, the United Kingdom also left the European Union Emissions Trading System (EU ETS). The U.K.’s replacement cap and trade program, the U.K. Emissions Trading Scheme (U.K. ETS), went live on Wednesday...more
In March, House Democrats re-introduced the Climate Leadership and Environmental Action for Our Nation’s (CLEAN) Future Act, a comprehensive climate package that aims to transition virtually every major sector of the U.S....more
In the dynamic world of oil and liquefied natural gas trading, one of the hottest new products is the carbon neutral transaction. Such transactions are designed to make oil and LNG more environmentally competitive with...more
In the dynamic world of oil and liquefied natural gas (LNG) trading, one of the hottest new products is the carbon-neutral transaction. Designed to make oil and LNG more competitive environmentally with renewable energy in...more
2/3/2021
/ Carbon Emissions ,
CFTC ,
Climate Change ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Federal Trade Commission (FTC) ,
Greenhouse Gas Emissions ,
Liquid Natural Gas ,
Natural Gas ,
Offsets ,
Oil & Gas ,
Renewable Energy
- It is apparent that former Vice President Joe Biden’s “clean energy revolution” and climate goals stand in stark contrast with the policies the Trump Administration has pursued during its first term, underscoring the...more
9/29/2020
/ Air Pollution ,
Air Quality Standards ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Congressional Review Act ,
Corporate Counsel ,
Energy Market ,
Energy Policy ,
Energy Sector ,
Environmental Justice ,
Environmental Policies ,
Federal Land ,
Joe Biden ,
Oil & Gas ,
Political Campaigns ,
Political Candidates ,
Popular ,
Presidential Elections ,
Regulatory Oversight ,
Rollbacks ,
Trump Administration ,
Water Quality
Key Points
- House Democrats have released draft text for the CLEAN Future Act, a comprehensive climate bill that aims to achieve net-zero greenhouse gas pollution throughout the United States by 2050 by directing federal...more
2/10/2020
/ Carbon Emissions ,
Clean Air Act ,
Climate Change ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Legislative Agendas ,
Oil & Gas ,
Paris Agreement ,
PFAS ,
Proposed Legislation ,
Regulatory Oversight ,
Trump Administration
Last week, Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Ed Markey (D-MA) released more details on the much-anticipated “Green New Deal” in the form of a non-binding resolution. As the name suggests, the legislators modeled...more
2/13/2019
/ Carbon Emissions ,
Clean Energy ,
Climate Change ,
Economic Development ,
Energy Sector ,
Environmental Policies ,
Green Infrastructure ,
Greenhouse Gas Emissions ,
Infrastructure Financing ,
Job Creation ,
Legislative Agendas ,
Renewable Energy ,
Research and Development ,
Transportation Industry
On Tuesday, August 21, 2018, the U.S. Environmental Protection Agency (EPA) announced its Affordable Clean Energy (ACE) Rule, a proposal to replace the Clean Power Plan issued in 2015. EPA Acting Administrator Andrew Wheeler...more
8/23/2018
/ Carbon Emissions ,
Clean Air Act ,
Clean Power Plan ,
Coal-Fired Generation ,
Energy Sector ,
Environmental Protection Agency (EPA) ,
Greenhouse Gas Emissions ,
Natural Gas ,
Oil & Gas ,
Power Plants ,
Proposed Rules ,
Renewable Energy
The New York Independent System Operator (NYISO) recently released a Carbon Pricing Straw Proposal (Proposal) to advance the State’s energy and environmental goals by reflecting the cost of carbon emissions in wholesale...more
5/30/2018
/ Capacity Market ,
Carbon Emissions ,
Carbon Pricing ,
Clean Energy ,
Climate Change ,
Cost Allocation ,
Electricity ,
Energy Sector ,
Federal Power Act ,
FERC ,
Greenhouse Gas Emissions ,
NYISO ,
Power Grid ,
Public Policy ,
Suppliers ,
Transmission Planning ,
Wholesale
President Trump’s decision earlier this month to withdraw the United States from the Paris Agreement—an international, nonbinding agreement to take steps to limit global temperature rise—followed a series of moves at the...more
6/20/2017
/ Carbon Emissions ,
Clean Power Plan ,
Climate Change ,
Commercial Buildings ,
Department of Energy (DOE) ,
Energy Tax Incentives ,
Environmental Protection Agency (EPA) ,
Executive Orders ,
Global Warming ,
Greenhouse Gas Emissions ,
Health Care Providers ,
Healthcare Facilities ,
Hospitals ,
Methane ,
Oil & Gas ,
Paris Agreement ,
Power Plants ,
Renewable Energy ,
Trump Administration ,
Universities
On January 14, the Obama administration announced plans to reduce methane emissions from new and modified oil and gas operations as part of the president’s strategy to address climate change. The plan does not, however,...more