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California’s New Law To Prevent Greenwashing In Environmental Marketing For Voluntary Carbon Offsets

As part of a package of new climate change legislation, on October 7, 2023, California Governor Gavin Newsom signed into law the Voluntary Carbon Market Disclosures Act (“VCMDA” or “AB 1305”). Intended as an effort to reduce...more

California's New Climate Disclosure Requirements: A Work in Progress

In groundbreaking legislation, California continues to lead the nation in climate change regulation by enacting the bulk of the California Climate Accountability Package – an unprecedented climate disclosure mandate for...more

NY Department of Financial Services Statement on Climate Change: Implications for the Financial Sector

State regulatory statements and guidelines for climate change readiness are emerging independent of federal government action. As climate change is not just about future impacts, financial institutions are compelled to...more

Energy Newsletter - June 2020

The Impact of COVID-19 on Nuclear Electricity Sales Contracts in France - The electricity sector, like numerous others in France, has been heavily affected by the economic shutdown due to the COVID-19 pandemic. The...more

California Amends Its Low Carbon Fuel Standard (“LCFS”)

California caps LCFS credit prices. Pressing forward with its efforts to address climate change, the California Air Resources Board (“CARB”) finalized amendments to its innovative LCFS. To add stability to the credit...more

NEPA Modernization Promises Significant Change

Agency consideration of climate change curtailed in update to decades-old policy - On January 9, 2020, President Trump’s Council on Environmental Quality (“CEQ”) proposed to “update” the nearly forty-year-old regulations...more

Energy Newsletter - December 2019

Rekindling the Flame: Oil & Gas Securitizations - A number of recent structurings of investment-grade rated securitizations of oil and gas wells are sparking conversations in the U.S. upstream oil and gas industry about...more

New York City and Los Angeles Require New Building Standards to Address Climate Change

New York City and Los Angeles have announced unprecedented plans to address climate change with an emphasis on greenhouse gas emissions from large buildings. New York City enacted a legislation package requiring certain...more

Energy Newsletter - April 2019

Shifting Dynamics in Latin America - On March 5, 2019, King & Spalding hosted an Energy Forum, titled “Shifting Dynamics in Latin America”, to discuss the political and regulatory changes in Latin America and their impact...more

Developers Face New Climate Change Initiatives to Decarbonize Buildings

Developers and landlords faced the first generation of “green building” initiatives with LEED (Leadership in Energy and Environmental Design) certification and EPA’s Energy Star programs. Now, the states are ready to embark...more

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