News & Analysis as of

Chevron Climate Change

Allen Matkins

California Environmental Law & Policy Update - 8.16.24

Allen Matkins on

Recent raging winter storms have caved in streets, wrecked piers, collapsed homes and apartment buildings, and submerged property up and down California’s coastline. As sea levels continue to rise from climate change,...more

Goldberg Segalla

New California Bill Aims to Restore Local Governments’ Ability to Limit or Ban Certain Oil and Gas Extractions

Goldberg Segalla on

As reported to our readers in August 2023, the California Supreme Court in Chevron U.S.A., Inc. v. County of Monterey, (2023) Cal. LEXIS 4349, struck down a Monterey County initiative that would have banned oil and gas...more

Cadwalader, Wickersham & Taft LLP

Oregon County Sues Fossil Fuel Companies and Consulting Firm For Damages Related to 2021 ‘Heat Dome’

In a civil suit filed in Oregon state court in June 2023, an Oregon county is suing more than a dozen large oil, gas and coal companies, seeking more than $50 million in damages, in connection with a 2021 “heat dome” and...more

Cadwalader, Wickersham & Taft LLP

Increased Investor Pressure for More Ambitious Climate Pledges Ahead of AGMs

In early April, the climate activist shareholder group, Follow This, filed shareholder resolutions seeking stronger energy transition strategies from several oil “super-majors.” The resolutions have been filed in advance of...more

Gray Reed

Louisiana Coastal Zone Suit Returns to State Court

Gray Reed on

Plaquemines Parish, et al v. Chevron et al has characteristics of the many pending climate-change suits brought by governments in state courts against Big Oil, which Big Oil tries to remove federal court. In this case the...more

Zelle  LLP

Why Climate Plaintiffs Are Filing Securities, Consumer Suits

Zelle LLP on

A growing trend has emerged in the ongoing effort to hold greenhouse gas emitters accountable for their contributions to global climate change. The first wave of climate change lawsuits in the U.S. against carbon majors —...more

BCLP

Momentum Shifts as Investors Consider Growing Link Between ESG and EPS

BCLP on

A trio of recent developments illustrate growing support for Environmental Social and Governance (ESG) initiatives in the U.S., as well as abroad. ESG regulatory and legal risks now appear top of mind for institutional...more

Robins Kaplan LLP

Financial Daily Dose 9.22.2020 | Top Story: Microsoft Drops $7.5B on Gaming Acquisition to Challenge Rival Sony

Robins Kaplan LLP on

Microsoft made a huge gaming move on Monday with its $7.5 billion acquisition of ZeniMax Media, the “parent company of gaming studios like Bethesda,” and maker of titles like “The Elder Scrolls, Fallout, Doom, Quake and...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 28, July 2020

Chevron’s Patience Pays Off with Bargain Deal for Noble Energy - "Like Anadarko, Noble is also a major player in the oil-rich DJ Basin of Colorado, as well as the oil-rich southwestern piece of the Eagle Ford Shale region." ...more

Flaster Greenberg PC

Marcellus Shale Update: The Marcellus Shale Region: 2019 Year in Review

Flaster Greenberg PC on

2019 was the year in which reality smacked the Marcellus Shale Basin in the face. Long held assumptions about asset valuation and infrastructure development fell apart. By year’s end, some of the most famous names in the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: December 2019 #3

Chevron to Take $10B+ Write-Down - "More than half the write-down is related to gas drilling operations in Appalachia." Why this is important: In recent years, the pressure to reduce carbon emissions has affected...more

Robins Kaplan LLP

Financial Daily Dose 12.11.2019 | Top Story: US and China Hint at Tariff Delay to Help Ease Phase One Negotiations

Robins Kaplan LLP on

U.S. and Chinese trade negotiators are “laying the groundwork for a delay of a fresh round of tariffs set to kick in on Dec. 15” as the countries continue to work through how a Chinese promise to make huge ag purchases from...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2019 #3

Trump Signs Orders to Speed Up Oil and Gas Pipeline Construction - "President Trump signed two executive orders that he says will speed up construction of pipelines and other projects to enhance the production and...more

King & Spalding

The Climate Change Debate--A New Direction

King & Spalding on

The contentious and partisan debate in Washington over climate change policy may be shifting in a new direction—one that is driven not by partisanship but by a group of bipartisan members of Congress and the engagement and...more

Esquire Deposition Solutions, LLC

Climate goes to court

The pace of climate litigation is anything but glacial. We’ve seen a flurry of important developments in just the 90 days since we first blogged about the new climate litigation movement. Plaintiffs are pressuring oil...more

Bennett Jones LLP

Oil Producers Succeed in California Climate Change Action

Bennett Jones LLP on

On June 25, 2018, the United States District Court for the Northern District of California dismissed a claim against several oil and gas producers for impacts relating to climate change in The City of Oakland v. BP, Chevron...more

Benesch

Benesch Energy Market Intelligence 2018: Energy Quarterly Report – Q1

Benesch on

Coal - Rio exits coal industry in $4B worth of deals - Rio Tinto Group has agreed to several deals worth over $4 billion to sell all of its remaining coal assets, with a $1.7 billion cash sale of coal assets to...more

Foley Hoag LLP - Environmental Law

The Montreal Protocol Is Not a Climate Change Statute

Earlier this week, the D.C. Circuit Court of Appeals struck down part of an EPA rule promulgated pursuant to the Montreal Protocol. The section that was struck down would have required manufacturers of HFC-134a, which is not...more

Allen Matkins

Renewable Energy Update -- September 2014 #2

Allen Matkins on

Renewable Energy Focus - Blue and red states going green on energy policy: USA Today - Sep 11: Politically "red" and "blue" states are increasingly turning green as they push energy efficiency and renewable power to...more

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