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Proskauer Rose LLP

Regulation Round Up - June 2025

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Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Proskauer - Regulatory & Compliance

A Leaner Regime for the EU Taxonomy Regulation

On 4 July 2025, the European Commission adopted a regulation (the “Delegated Regulation”) aimed at streamlining the European Union’s Taxonomy Regulation (the “Taxonomy Regulation”). These reforms are intended to ease...more

Mayer Brown

Rio de Janeiro State regulates Energy Compensation Due in Certain Independent Electricity Generation Projects

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On June 27, 2025, Rio de Janeiro Governor enacted Decree No. 49,703 (the “Decree”), establishing compliance procedures for the obligations described in Rio de Janeiro State Law No. 10,456/2024, which relates to energy...more

Mayer Brown

Europe Daily News, 04 to 07 July 2025

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COMPETITION - Action brought on 21 May 2025 - Condor Flugdienst Vs. Commission (Case T-320/25) Re: annulment of Commission Decision C(2024) 4729 final declaring a concentration compatible with the internal market and the...more

DLA Piper

Microplastics Proposed for Candidate Chemical Listing in California: Key Considerations for Businesses

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California’s Department of Toxic Substances Control (DTSC) proposed adding microplastics as a Candidate Chemical to be regulated under the Safer Consumer Products (SCP) program on June 20, 2025. This action and its subsequent...more

Venable LLP

From Red Tape to Green Light: CEQA Reforms Fast-Track Infill Development

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The California Environmental Quality Act (CEQA) has long shaped the state’s development landscape, often entangling projects in lengthy permitting and litigation processes. That landscape has now shifted dramatically. ...more

A&O Shearman

BoE and PRA publish annual reports

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The Bank of England (BoE) and Prudential Regulation Authority (PRA) have published a series of annual reports, which are set out below. - BoE Annual Report and Accounts. The BoE has set out its strategic investment...more

Clark Hill PLC

CEQA finally brought to its knees by California’s severe housing crisis

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Originally enacted in 1970, the objective of the California Environmental Quality Act (CEQA) was to review projects to assess potential impacts on the environment, disclose those impacts to the public, and mitigate those...more

Latham & Watkins LLP

One Big Beautiful Bill: New Law Disrupts Clean Energy Investment

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On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (the OBBB), which significantly rolls back many of the core tax incentives that clean energy projects have relied on since the passage of the...more

Akin Gump Strauss Hauer & Feld LLP

Significant Cuts to IRA Clean Energy Tax Credits Included in Enacted Reconciliation Bill

President Trump signed the “One, Big, Beautiful Bill Act” (the “OBBB”) into law on July 4, 2025. Congress passed the legislation using the budget reconciliation process to avoid the 60-vote Senate filibuster. In addition to...more

Akin Gump Strauss Hauer & Feld LLP

NEPA Is the Spotlight: FERC Overhauls Its NEPA Guidance to Streamline Permitting Days Before One Big Beautiful Bill Act Updates...

On June 30, 2025, the Federal Energy Regulatory Commission (FERC) and U.S. Department of Energy (DOE) issued updated National Environmental Policy Act (NEPA) rules and guidance that will impact the permitting process for...more

Best Best & Krieger LLP

California Legislature Enacts Significant Revisions To CEQA

On June 30, 2025, Governor Newsom signed Assembly Bill 130 (AB 130) and Senate Bill 131 (SB 131), two budget trailer bills that significantly modify the California Environmental Quality Act (CEQA), effective immediately. The...more

MG+M The Law Firm

Wisconsin Supreme Court Ruling on PFAS Leaves Businesses Vulnerable and Overextends Agency Power

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In a contentious 5–2 decision, the Wisconsin Supreme Court has dealt an unprecedented blow to the state’s business and manufacturing sector by ruling that the Department of Natural Resources (DNR) can force cleanup of PFAS...more

Tonkon Torp LLP

Oregon Department of State Lands Selects New Director

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The Oregon State Land Board – comprised of the Governor, Secretary of State, and State Treasurer – recently appointed Kaitlin Lovell of Colton, Oregon as the new Director of the Oregon Department of State Lands (DSL). Lovell...more

Davies Ward Phillips & Vineberg LLP

Canadian Competition Bureau Releases Final Guidance on Environmental Claims

The Canadian Competition Bureau (Bureau) recently released the final version of its guidance titled Environmental claims and the Competition Act (Guidelines). The Guidelines follow draft guidance, released in December 2024,...more

Bergeson & Campbell, P.C.

APHIS Seeks Comment on Draft Environmental Documents for Deregulation of American Chestnut Developed Using Genetic Engineering 

On June 6, 2025, the U.S. Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) announced that it has prepared a revised draft environmental impact statement (EIS) and revised draft plant pest...more

MG+M The Law Firm

Sewage Sludge and Wastewater Treatment Plants Identified as Key Sources of PFAS Pollution

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New research suggests that sewage sludge and wastewater treatment plants are major sources of per- and polyfluoroalkyl substances (PFAS) pollution. Waterkeeper Alliance, in partnership with local Waterkeeper groups and the...more

Cooley LLP

Proxy Season Highlights Part One Shareholder and Management Proposals

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The 2025 proxy season (July 1, 2024 – June 20, 2025, meetings) concluded with a significant drop in the volume of shareholder proposals from the 2024 proxy season’s record high, as environmental and social (E&S) proposals...more

Morgan Lewis

EPA Extends PFAS Reporting Deadline Under Toxic Substances Control Act Once More

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EPA’s May 13 interim final rule, which extended the start and end dates of the PFAS Toxic Substances Control Act Section 8(a)(7) reporting period for all manufacturers by nine months, was EPA’s second such extension to the...more

BakerHostetler

What’s Happening at TCEQ: An Update from Chairwoman Brooke Paup

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Brooke Paup was appointed as Chairwoman of the Texas Commission on Environmental Quality (TCEQ) on January 7, 2025, and unanimously confirmed by the Texas Senate in May 2025....more

MG+M The Law Firm

PCBs and Precedent: What the Monsanto Settlement Means for Future Toxic Torts

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Monsanto has recently settled with families who claimed they were exposed to polychlorinated biphenyls (PCBs) at a school near Seattle, ending what had become one of the most closely watched toxic tort cases in recent memory....more

Baker Botts L.L.P.

The "One Big Beautiful Bill" Key Tax Takeaways

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On July 4, 2025, the legislation commonly known as “The One Big Beautiful Bill Act” (the “BBBA”) was enacted. The BBBA makes permanent, extends and, in certain cases, modifies, a number of provisions from the 2017 Tax Cuts...more

Guidepost Solutions LLC

Future-Proofing Your Data Center: A Strategic Imperative

In 2023, a data center experienced a complete power loss during a scheduled electrical grid maintenance. Less than five months later, that same facility faced another major power outage. However, this time the impact was...more

Morrison & Foerster LLP

Episode 22 – Climate Innovation for a Just and Sustainable Future: MoFo + BSR Conversation Series

The 22nd episode in this series focuses on “Climate Innovation for a Just and Sustainable Future,” featuring Davida Herzl, co-founder and CEO of Aclima, Inc., in conversation with MoFo’s Susan H. Mac Cormac, co-chair of the...more

Snell & Wilmer

Freeing Agencies from Conflicting National Environmental Policy Act Regulations

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On July 3, 2025, several federal agencies published Interim Final Rules or Final Rules freeing themselves of legally and statutorily conflicting regulations implementing the National Environmental Policy Act (NEPA) in...more

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