News & Analysis as of

Carbon Emissions Net Zero Biden Administration

Troutman Pepper Locke

Empire Wind 1 Stop-Work Order Targets Offshore Wind but Raises Questions for Other Industries

Troutman Pepper Locke on

On Wednesday, April 16, Secretary of the Interior Doug Burgum directed the Bureau of Ocean Energy Management (BOEM) to order Equinor to “stop work” on its 812 megawatt Empire Wind 1 project just outside of New York Harbor....more

Mayer Brown

Voluntary Carbon Markets

Mayer Brown on

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

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

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

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

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”

Mayer Brown on

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

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

Latham & Watkins LLP on

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

McDermott Will & Emery

Carbon Capture, Utilization and Sequestration – An Industry Primed for Explosive Growth? A Summary of the White House Council on...

On June 30, 2021, the White House Council on Environmental Quality (CEQ) delivered a Carbon Capture, Utilization and Sequestration (CCUS) report to Congress in accordance with the Utilizing Significant Emissions with...more

Bracewell LLP

COVID, Climate Change and ESG – The Future of Disclosures, SEC Enforcement, and Securities Litigation

Bracewell LLP on

There can be no doubt 2021 is already shaping up to be a watershed year, including on the SEC enforcement and securities litigation fronts. Pressure from all directions has been coalescing to drive change in the way...more

Hogan Lovells

President Biden takes Executive Actions with Impact on Advanced Nuclear

Hogan Lovells on

President Biden ran on an energy and environmental platform calling for a carbon-free power sector by 2035 and net-zero carbon emissions by 2050. In pursuit of this clean energy plan, he also called for a modernized energy...more

Gray Reed

Predicting the Effect of Biden's Election on the Oil Industry and the Climate

Gray Reed on

Now that our new president has been elected (Proud Boys, its over!), let’s take a look at what people smarter than I are predicting it will mean for the domestic oil and gas industry and the climate. In summary: bad for one,...more

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