News & Analysis as of

Carbon Emissions Proposed Regulation

ASKramer Law

Energy Tax Credits for a New World Part II: Production Tax Credits and Investment Tax Credits: The Old and the New

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What is a Production Tax Credit (PTC)? A Production Tax Credit (PTC) is a per kilowatt-hour (kWh) tax credit for electricity generated by solar and other qualifying clean technologies for the first 10 years of a system’s...more

Mayer Brown

Illinois Paves Way for Carbon Capture and Sequestration with SAFE CCS Act

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Illinois has established a comprehensive regulatory framework for the development of carbon capture and sequestration (CCS) projects. The state's legislature has passed Senate Bill 1289, also known as the SAFE CCS Act, which...more

Sullivan & Worcester

Boston Planning and Development Agency Approves Proposal for Net Zero Carbon Zoning

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On June 13, 2024, the Boston Planning & Development Agency (“BPDA”) Board of Directors approved a proposed zoning text amendment regarding Net Zero Carbon (“NZC Zoning”) and authorized its submission to the Boston Zoning...more

A&O Shearman

Nine key takeaways from the UAE's new Hydrogen Strategy

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The UAE published its long-awaited hydrogen strategy last week, aiming to outline the key steps needed to position the UAE as a top global producer of low carbon hydrogen by 2031 and to support the UAE’s announced target of...more

Latham & Watkins LLP

5 Things to Know About EPA’s Proposed Power Plant CO2 Emissions Rule

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EPA’s long-awaited proposal would set aggressive emission reduction targets with many different approaches and timelines to achieve them. On May 11, 2023, the US Environmental Protection Agency (EPA) released its...more

Pillsbury Winthrop Shaw Pittman LLP

Fifth Circuit Permits the Use of the Social Cost of Carbon, For Now

The court’s decision allows the Biden administration to further develop the Social Cost of Carbon (SCC) but leaves open the possibility of future judicial scrutiny of its implementation. The Fifth Circuit’s ruling allows...more

Goldberg Segalla

Court Denies Challenge to EPA Emissions Rule, Defers Due to Rule’s “Complex and Technical” Nature

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Companies operating in Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia – whose operations involve the release of emissions — will need to...more

Cadwalader, Wickersham & Taft LLP

California Bill on Climate-Related Disclosure

California Senate Bill 253, the Climate Corporate Data Accountability Act, if passed, will require all companies that do business in California and report over $1 billion in annual revenue to report on the full range of their...more

Bracewell LLP

Treasury Releases Final Regulations on Carbon Capture Credits

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On January 6, 2021, the Department of the Treasury and the Internal Revenue Service (IRS) issued final regulations (the Final Regulations) under section 45Q of the Internal Revenue Code of 1986, as amended (Section 45Q),...more

Downey Brand LLP

California Air and Climate Vol. 16: CARB Focuses on Vessel and Truck Emissions

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CARB Finalizes Amendments to At-Berth Vessel Rules - On August 27, 2020, the California Air Resources Board (CARB) adopted new emission reductions requirements for At-Berth Vessels. These regulations will require...more

Eversheds Sutherland (US) LLP

Ready, Set, Sequester? An updated guide to the Section 45Q Carbon Capture and Sequestration Credit Guidance

Section 45Q, as amended by the Bipartisan Budget Act of 2018 (BBA), provides a substantial tax credit for the capture and sequestration of carbon dioxide and other carbon oxides. Taxpayers have been awaiting guidance from the...more

McDermott Will & Emery

Six Takeaways: Utilization and Structuring For Section 45Q Carbon Capture Credits

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The Treasury Department and IRS recently published proposed regulations implementing the Section 45Q carbon capture and sequestration credit. The regulations clarify some questions about the credit, though many questions...more

McDermott Will & Emery

[Webinar] Utilization and Structuring For Section 45Q Carbon Capture Credits - June 11th, 12:30 pm EST

The Internal Revenue Service (IRS) has released a long-awaited proposed rule to implement section 45Q of the Internal Revenue Code, the statutory provision that creates a tax credit for capturing and sequestering carbon...more

Downey Brand LLP

California Air and Climate Vol. 14: CARB to Hold Public Workshop on Reducing Greenhouse Gas Emissions from Transportation Vehicle...

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CARB to Hold Public Workshop on Clean Miles Standard to Reduce Greenhouse Gas Emissions from Transportation Vehicle Services - Consistent with a recent trend of actions and publicly held workshops aimed at reducing...more

Downey Brand LLP

California Air and Climate Vol. 12: CARB Targets Railyard and At Berth Vessel Emissions; San Joaquin Valley APCD to Require...

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CARB Holds Public Workshops to Develop Measures to Reduce Railyard and Locomotive Emissions - The California Air Resources Board (CARB) recently held a series of public meetings and workshops to develop concepts to reduce...more

Downey Brand LLP

California Air and Climate Vol. 11: CARB Continues Roll-Out to Reduce Emissions from Vessels in California Ports and Targets...

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CARB Continuing Roll-Out of Revised Regulations to Reduce Emissions from Ocean-Going Vessels in California Ports - On December 5, 2019, the California Air Resources Board (CARB) will hold a public hearing in Oakland,...more

Womble Bond Dickinson

EPA Proposes Replacement to Clean Power Plan

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Earlier this week, on August 21, President Trump’s Environmental Protection Agency (“EPA”) proposed a rule pursuant to Section 111(d) of the Clean Air Act (“CAA”) intended to replace the embattled Clean Power Plan (“CPP”)...more

Pillsbury Winthrop Shaw Pittman LLP

A New Path to Managing Risks from Upstream Oil and Gas Transactions

EPA incentivizes new owners to conduct compliance audits by offering penalty forgiveness for violations found. EPA’s newest enforcement proposal offers companies in the oil and gas production sector a valuable opportunity...more

Sheppard Mullin Richter & Hampton LLP

10 EU Competition & Regulatory Trends to Watch for in 2018

Introduction - Our “trends for 2018” are only a selection of interesting developments to watch for in 2018. Within the political and legislative cycle of the European Union, 2018 promises to be an eventful year, given...more

Mintz - Energy & Sustainability Viewpoints

Massachusetts Joins Other States in Regional Greenhouse Gas Initiative Announcing Plan to Reduce Emissions by Additional 30...

On August 23, Massachusetts joined the eight other states in the Regional Greenhouse Gas Initiative (RGGI) in announcing a plan to reduce carbon dioxide emissions by an additional 30 percent by 2030 relative to 2020 levels....more

Beveridge & Diamond PC

EPA Issues Suite of Final and Proposed Regulations for Carbon Emissions from Power Plants

On August 3, 2015, the Environmental Protection Agency (“EPA”) issued three separate but related actions to address carbon pollution from power plants: 1) the final Clean Power Plan, President Obama’s signature effort to...more

Perkins Coie

Opponents of EPA’s Proposed Clean Power Plan Face Tough Questions From the Court

Perkins Coie on

The U.S. Court of Appeals for the District of Columbia Circuit heard oral argument on the first legal challenges to EPA’s “Clean Power Plan” on April 16, 2015. The plan is a proposed rule under Section 111(d) of the Clean Air...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Ambitious EPA Plan Would Require States to Reduce CO2 Emissions at Existing Power Plants"

In 2015, the U.S. Environmental Protection Agency (EPA) intends to issue in final form three proposed regulations for limiting carbon dioxide (CO2) emissions pursuant to Section 111 of the Clean Air Act. The proposed...more

Pierce Atwood LLP

Pierce Atwood Environmental Regulatory Compliance Calendar (RCC)

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NEW REGULATORY DEVELOPMENTS - Federal - - Definition of “Waters of the United States” Under the Clean Water Act, 33 C.F.R. Part 328 - - In connection with its proposed rule regarding the definition of...more

Pierce Atwood LLP

Surprise -- EPA's Proposed CO2 Control Regulation Would Affect More Than Just Coal Utility Boilers

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Anyone who has read the newspaper or watched the news in the past month will know that EPA has proposed a regulation that would require coal-powered plants to reduce greenhouse gas (primarily carbon dioxide (CO2)) emissions. ...more

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