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This Week’s Climate Policy Update - November 2022 #2

[co-authors: Kerry Mackenzie and Leila Fleming] With COP 27 in full swing and the midterm elections concluding, various climate policy developments are underway. The Environmental Protection Agency (EPA) announced its...more

COP 27: Top News for the Eighth Day of Events

Talks during the eighth day of the 2022 United Nations Climate Change Conference (COP 27) focused on gender and energy. Here’s what business leaders need to know to keep up-to-date on climate policy...more

COP 27: Top News for the Seventh Day of Events

Talks during the seventh day of COP 27 focused on water and Action for Climate Empowerment (ACE), a United Nations Framework Convention on Climate Change (UNFCCC) initiative. Here’s what business leaders need to know to keep...more

COP 27: Top News for the Fifth Day of Events

Talks during the fifth day of 2022 United Nations Climate Change Conference (COP 27) focused on decarbonization. Importantly, President Biden attended and spoke at the conference today. Here’s what business leaders need to...more

COP27: A Fair COP or a COP Out?

The UN Conference of the Parties can be baffling. Here are Alex Harrison’s and Ken Markowitz’s key takeaways from week 1 of COP27 in Sharm el-Sheik, Egypt...more

COP 27: Top News for the Third Day of Events

Talks during the third day of COP 27 focused on climate finance. Here’s what business leaders need to know to keep up-to-date on event proceedings...more

COP 27: Top News for the Fourth Day of Events

Talks during the fourth day of COP 27 focused on science and youth engagement. Here’s what business leaders need to know to keep up-to-date on event proceedings...more

COP 27: Top News for the Second Day of Events

Talks during the second day of the 2022 United Nations Climate Change Conference (COP 27) focused on climate finance. Here’s what business leaders need to know to keep up-to-date on event proceedings...more

COP 27 Update for Business Leaders: Green Funding, Climate Technologies Top Countries’ To-Do List

Today marks the second day that climate leaders convene in Sharm el Sheikh, Egypt, for the 27th Conference of the Parties (COP 27) of the United Nations Framework Convention on Climate Change (UNFCCC). Building on Akin Gump’s...more

This Week’s Climate Policy Update - November 2022

[co-author: Kerry McKenzie] As the 2022 midterm election approaches, Republicans are planning their assumption of the House majority and are expected to pursue legislation to expedite the approval of fossil fuel projects...more

Summary of Monumental Drought Relief Funding

Overview The Department of the Interior (DOI) recently announced the newly created Lower Colorado River Basin System Conservation and Efficiency Program (the “Program”), funded through the $4 billion pot of money in the...more

This Week’s Climate Policy Update - October 2022 #5

The Department of Interior announced that it would cut Colorado River water access after a handful of Western states failed to develop a plan outlining their water consumption reduction plan. The Treasury Department is...more

This Week's Climate Policy Update - October 2022 #4

[co-authors: Kerry Mackenzie and Leila Fleming] The Treasury Department’s Federal Insurance Office issues a request for public comments regarding climate-related financial risk. Meanwhile, the Securities Exchange...more

Executive Order on Forests, Communities, and Local Economics Comment Period Open

The Department of State (“State Department”) recently announced that it is seeking public comments related to the Biden-Harris administration’s Executive Order on Strengthening the Nation’s Forests, Communities, and Local...more

Key Issues at COP 27

From November 6 to November 18 of this year, climate leaders will convene in Sharm el Sheikh, Egypt, for the United Nations Framework Convention on Climate Change’s (UNFCCC) 27th Conference of the Parties (COP 27). COP 27...more

This Week’s Climate Policy Update - October 2022 #3

As the Department of Energy rolls out its historic H2Hubs program, the department will be accepting concept papers for the program centered on the production, storage and use of clean hydrogen through November 7. The...more

Highlights of DOE’s Historic Clean Hydrogen Funding Opportunity

The U.S. Department of Energy (DOE or the “Department”) recently opened the submission of Concept Papers for its $7 billion H2Hubs program, marking one of the largest investments in DOE history, with the goal of creating up...more

This Week’s Climate Policy Update - October 2022 #2

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and...more

IRS Issues Request for Public Comment on Clean Energy and Climate Provisions Included in Inflation Reduction Act

On October 5, 2022, the Department of Treasury and Internal Revenue Service (IRS) released six Notices requesting comments on anticipated regulations and other guidance under various climate and clean energy incentives...more

This Week’s Climate Policy Update - October 2022

As Congress headed into recess, it sought to wrap up loose ends, including passing permitting reform. However, Sen. Joe Manchin (D-WV) removed his permitting reform language from a continuing resolution and Senate Majority...more

Energy Department Opens Landmark $7 Billion Clean Hydrogen Funding Opportunity

On September 22, 2022, the U.S. Department of Energy (DOE) opened applications for its $7 billion H2Hubs program, marking one of the largest investments in DOE history, with the goal of creating up to ten regional clean...more

This Week’s Climate Policy Update - September 2022

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and...more

The Inflation Reduction Act Applies the Polluter Pays Principal: Carbon Tax Will Accelerate Reduction of Methane Emissions

The Inflation Reduction Act (“IRA”) includes a variety of incentives, including tax credits and grants, for US industries to reduce greenhouse gas (“GHG”) emissions. The IRA also includes a significant “disincentive” for...more

This Week’s Climate Policy Update - August 2022 #4

Last week, the California Air Resources Board (CARB) announced a new rule that bans new, gas-powered cars in the state, starting with 2035 models. As the California legislative session draws to a close, various climate bills...more

High Court Judgment on U.K. Government Net-Zero Strategy

The High Court of England and Wales (the “High Court”) recently ruled1 that the U.K. government’s Net Zero Strategy (NZS) breached the detail and reporting requirements of the Climate Change Act 2008 (“CCA 2008”). In this...more

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