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K&L Gates LLP

Carbon Quarterly – Volume 9

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Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

Dorsey & Whitney LLP

Energy Law: Month in Review - July 2024

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Welcome to Dorsey’s Energy Law: Month in Review. We provide this update to our clients to identify significant developments in the previous month....more

Holland & Knight LLP

IRS Releases Long-Awaited Section 45Q LCA Procedures

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The IRS on July 24, 2024, released Notice 2024-60, which provides Section 45Q guidance for utilization of carbon dioxide and other carbon oxides. The Notice addresses the information that must be included in the required life...more

Latham & Watkins LLP

German Federal Government Lays Foundation for CCS in Germany

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The key principles for a Carbon Management Strategy and draft act on the revision of the Carbon Storage Act create new opportunities for investors and project developers. The German Federal Government’s Carbon Management...more

J.S. Held

Impact of the Clean Energy Transition on Asset Retirement Obligations and Environmental Cleanup Costs

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Introduction: Hidden Challenges of Energy Transition - The evolution of energy transition in the United States has been driven, historically, by advances in new technology, fuel availability, fuel pricing, and, probably...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Treasury, Internal Revenue Service Issue Final Regulations for Transfer of Energy Credits

On April 25, 2024, the U.S. Department of Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations regarding the transfer of energy tax credits under the Inflation Reduction Act of 2022 (IRA)....more

Mayer Brown

Seas the Future: Singapore’s Visionary Leap into Oceanic Carbon Capture

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Replace, Reduce and Remove. The 3Rs that constitute the three-pronged approach espoused by PUB, the national water agency of Singapore, in its hefty goal of achieving net zero emissions by 2045....more

Foley Hoag LLP - Energy & Climate Counsel

What Companies and Investors Need to Know about California Assembly Bill 1305, The Voluntary Market Disclosures Business...

On October 7, 2023, California Governor Gavin Newsom signed Assembly Bill 1305 into law, also known as the “Voluntary Market Disclosures Business Regulation Act,” or AB 1305. This law marks the first of its kind in the...more

Foley Hoag LLP - Energy & Climate Counsel

EU Advances First-in-Kind Carbon Removal Certification Framework

On February 20, 2024, the European Union (EU) announced a provisional political agreement to establish an EU-wide framework for voluntary certification of carbon dioxide removal (CDR) projects. This announcement, which marks...more

Akin Gump Strauss Hauer & Feld LLP

The Road Ahead for Private Equity: Reflections and Predictions

The year 2023 will be remembered as a challenging one for private equity (PE), with complexities to navigate on many fronts. Traditional debt financing was expensive and scarce, expectations on valuations were tricky to...more

A&O Shearman

10 lessons in sustainability regulation

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Creating an effective regulatory framework will be critical to deliver Net Zero. But does that mean more – or less – regulation? From trade agreements to taxonomies, carbon adjustment mechanisms to corporate sustainability...more

Faegre Drinker Biddle & Reath LLP

IRS Releases Proposed Regulation to Section 45V of Internal Revenue Code

In connection with the Inflation Reduction Act (IRA), on December 22, 2023, the Internal Revenue Service (IRS) released a Proposed Regulation related to Section 45V of the Internal Revenue Code. The Proposed Regulation,...more

A&O Shearman

Tax based finance leasing: a forgotten tool for green finance in the UK?

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Decarbonisation is the process of reducing greenhouse gas emissions and transitioning to a low-carbon economy. Decarbonisation requires significant investment in green technologies, such as renewable energy, energy...more

King & Spalding

COP28: Key Takeaways for the Energy Industry

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COP28, the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change, came to an end in Dubai on December 13, 2023. The nearly 200 states reached what has been labelled a “historic” agreement...more

A&O Shearman

Perspectives on the energy transition in emerging markets

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Much has been made of the need for a just energy transition, where developing economies are supported to achieve Net Zero. But there’s also a vast amount of climate innovation taking place outside the West that has the...more

Cozen O'Connor

IRS Proposes Helpful Rules for Energy Tax Credits

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On November 22, 2023, the Internal Revenue Service published proposed regulations concerning Sections 48, 6417, and 6418. These proposed rules would affect the conditions for claiming energy credits, the amount of energy...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Solar Energy Array/Arkansas Waste Treatment Facility: Veolia North America Announces Renewable Energy Addition at Gum Springs...

Veolia North America (“VNA”) issued a November 7th news release announcing the installation of a solar energy system at its Gum Springs, Arkansas, hazardous waste treatment facility. The solar energy panel array is...more

Foley & Lardner LLP

Current Trends in Climate Change Technology Investment

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As the world grapples with fast-changing weather patterns, wildfires, record-breaking heat, and many other climate-related issues, it is becoming increasingly important to develop the technologies that will help to combat...more

Latham & Watkins LLP

UK Energy Act 2023 - What to Know About the Landmark Act

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The Act demonstrates the UK’s renewed commitment to reaching net zero and paves the way for players in key industries to achieve their targets. On 26 October 2023, the UK Energy Act 2023 (the Act) received Royal Assent....more

Stikeman Elliott LLP

Proposed Legislation Released for New Green Investment Tax Credits

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On August 4, 2023, the Department of Finance (“Finance”) released a substantive piece of draft legislation for a number of investment tax credits previously announced by Finance and aimed at renewable and clean energy sectors...more

White & Case LLP

Japan’s Long-Term Decarbonization Power Source Auction

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The first "Long-Term Decarbonization Power Source Auction" (the "Auction") is expected to start in Japan in January 2024. The Auction will provide a 20-year fixed revenue for newly developed power sources that contribute to...more

Vinson & Elkins LLP

DOE Proposed Rule “Coordination of Federal Authorizations for Electric Transmission Facilities”

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In a concerted effort to meet the Biden administration’s aggressive carbon-reduction goals, the Department of Energy (“DOE”) unveiled a pre-publication copy of a forthcoming proposed rule on August 10, 2023, aimed at...more

King & Spalding

IRS and Treasury Issue Transferability Proposed Regulations

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Developers of renewable energy projects prior to the Inflation Reduction Act of 2022 (the “IRA”) were able to enter into joint ventures and leasing arrangements with other private companies that had a sufficient tax liability...more

J.S. Held

The Climate Tech Ecosystem

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Climate Tech is an area of technology that is expressly concerned with the mitigation of greenhouse gas (GHG) emissions, the primary driver of climate change. In addition to GHG mitigation, climate tech also includes...more

Pierce Atwood LLP

Treasury Issues Long-Awaited Guidance on Transferability and Direct Pay Provisions of IRA

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The U.S. Department of the Treasury recently issued its long-awaited guidance on two cash monetization options available for renewable energy projects under the Inflation Reduction Act of 2022 (IRA or Act) – Transferability...more

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