News & Analysis as of

Biden Administration Net Zero

Mayer Brown

Voluntary Carbon Markets

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On May 28 2024, the Biden administration released the “Voluntary Carbon Markets Joint Policy Statement and Principles”. This is one of a number of recent international initiatives to “shore up” the voluntary carbon markets...more

Morrison & Foerster LLP

Biden Administration Releases Joint Policy Statement and Principles for Voluntary Carbon Markets

The Biden Administration released a landmark Joint Policy Statement and Principles on May 28, 2024, formalizing the U.S. government’s approach to advancing high-integrity Voluntary Carbon Markets (“VCMs”) and affirming the...more

Gould + Ratner LLP

Biden Administration Sets Roadmap for Building Decarbonization

Gould + Ratner LLP on

The U.S. Department of Energy recently released the first federal blueprint to decarbonize the building sector, which accounts for over a third of the nation’s planet-warming greenhouse gas emissions. This plan, developed by...more

Womble Bond Dickinson

Federal Officials Unveil Choices for First Seven Clean Hydrogen Hubs

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Today, the White House and the U.S. Department of Energy announced the latest steps in a long-term plan to grow low-cost, clean hydrogen. The joint announcement identified seven regional clean hydrogen hubs. These hubs...more

Perkins Coie

Biden Administration Takes Steps To Accelerate Transmission Permitting

Perkins Coie on

The Biden administration (the Administration) has set ambitious goals to reduce U.S. greenhouse gas emissions to at least 50% below 2005 levels by 2030 and to reach net-zero emissions by 2050. To achieve these ends, the...more

BakerHostetler

New CCUS Regulatory Handbook a Practical Guide for Stakeholders, Practitioners and Policymakers

BakerHostetler on

Carbon capture, utilization and storage (CCUS) is primed to play a crucial role in setting the global energy system on a path to net zero. As a result, the United States has endeavored to incentivize investment in large-scale...more

White & Case LLP

The decisive decade: The race to net zero gets underway

White & Case LLP on

Sustainable energy companies from renewable natural gas to renewable methane are being bought up by oil & gas super-majors, whose balance sheets have expanded thanks to the surging price of energy and fossil fuels in the past...more

Holland & Knight LLP

Going Green in Commercial Real Estate: Aim for a Zero-Emissions Building Standard

Holland & Knight LLP on

In order to obtain and maintain a green real estate loan, the loan recipient must construct or renovate existing buildings to have minimal impact on the environment. The ultimate goal for green architecture is to achieve a...more

WilmerHale

Biden Administration Proposes Climate Disclosure Rules for Federal Contractors

WilmerHale on

Companies considered to be “major” or “significant” US federal government contractors soon may be required to provide climate disclosures as part of the Biden Administration’s suite of policies designed to achieve net-zero...more

Foley Hoag LLP - Energy & Climate Counsel

Biden Announces New Initiative on “Game-Changing” Technologies for Achieving Net-Zero Emissions

On November 4, 2022, the White House announced a new initiative to support research and development projects on 37 “game-changing” technologies to advance the Biden Administration’s goal of net-zero emissions by 2050....more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Legal Feature — Recently Announced Clean Hydrogen Hub Program Funding

On September 22, 2022 the Biden-Harris administration announced a historic $7 billion funding opportunity to create regional clean hydrogen hubs (“H2Hubs”). One of the largest-ever public investments in clean hydrogen and in...more

Womble Bond Dickinson

Biden Administration Announces 24-Month Tariff Moratorium on Solar Panel Imports and Plans to Encourage Domestic Panel...

Womble Bond Dickinson on

The Biden Administration has announced plans to ease restrictions on solar panel imports from Southeast Asia, a move prompted by U.S. solar industry concerns. On June 6, the Administration declared a 24-month tariff...more

Morgan Lewis

Energy Industry Turning to Carbon Management to Reach Net Zero, but Could Hit Environmental Hurdles

Morgan Lewis on

In December, the Biden-Harris administration signed an executive order that established five ambitious goals related to net-zero emissions. One of the ways the energy industry is seeking to meet those goals is through carbon...more

White & Case LLP

A range of tactics is needed to achieve a lower-carbon world

White & Case LLP on

Countries and companies are increasingly committing to net-zero goals that would require them to significantly reduce carbon emissions on relatively short timelines. The transition to a lower-carbon world won’t be easy, given...more

Latham & Watkins LLP

White House Announces New Initiatives and Guidance on Clean Energy Transition

Latham & Watkins LLP on

Carbon Capture, Utilization, and Storage (CCUS) and clean hydrogen will play a significant role in the Administration’s efforts to address hard-to-decarbonize industries to promote clean US manufacturing. On February 15,...more

Brownstein Hyatt Farber Schreck

New CEQ Guidance Promotes “Responsible Deployment” of Carbon Capture, Utilization and Sequestration

Hot on the heels of a new Biden administration initiative to cut industrial sector emissions via carbon capture, utilization and sequestration (CCUS) and other methods, the Council on Environmental Quality (CEQ) issued new...more

Vinson & Elkins LLP

Biden Administration Announces New Initiatives to Lower Emissions and Support a Net-Zero Economy – What this Means for CCUS

Vinson & Elkins LLP on

On February 15, 2022, the Biden administration announced a slew of low carbon emissions initiatives for the industrial sector in support of the administration’s goal to achieve a net-zero economy. ...more

Bass, Berry & Sims PLC

Biden’s “Clean Energy” Directive’s Impact on Government Contractors

Bass, Berry & Sims PLC on

On December 8, 2021, President Biden issued Executive Order (EO) 14057 “Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability.” The EO is the administration’s most recent effort to achieve “a carbon...more

Latham & Watkins LLP

President Biden Outlines Comprehensive Plan for Federal Sustainability

Latham & Watkins LLP on

The president’s executive order aims to use the US government’s procurement power to achieve “carbon pollution-free electricity” by 2030 and net zero emissions by 2050. On December 8, 2021, President Biden issued an...more

Perkins Coie

The Biden Administration’s Plan for a Zero-Carbon Federal Government by 2050

Perkins Coie on

President Biden signed an executive order (Order) on December 8, 2021, directing the federal government to use its scale and procurement power to slash its carbon emissions by 65% by 2030 and achieve net-zero emissions by...more

Holland & Knight LLP

Changes are Coming to the Biden Administration's Federal Sustainability Plan

Holland & Knight LLP on

President Joe Biden issued an Executive Order on Catalyzing Clean Energy Industries and Jobs through Federal Sustainability on Dec. 8, 2021, emphasizing the federal government's role and initiative "[a]s the single largest...more

Mayer Brown

US House Rules Committee Modifies the “Build Back Better Act”

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In less than a week, the Rules Committee of the US House of Representatives (the “Rules Committee”) released two versions of modified legislative text of H.R. 5376, the Build Back Better Act. The first version was released on...more

White & Case LLP

Energy transition: How to finance the race to net-zero

White & Case LLP on

Global momentum behind the fight against climate change has never being stronger, as governments and energy companies around the world make ambitious pledges to reduce carbon emissions to net-zero by 2050. The US, under the...more

Holland & Knight LLP

Climate and Clean Energy Policy State of Play

Holland & Knight LLP on

Clean energy initiatives and legislation continue to advance with unprecedented direction, momentum and clout in the federal government. President Joe Biden and Congressional Democrats remain fiercely committed to enacting...more

Latham & Watkins LLP

CEQ Issues Report to Congress on CCUS

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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

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