News & Analysis as of

Greenhouse Gas Emissions

Skadden, Arps, Slate, Meagher & Flom LLP

Some States Prepare for the Expected Rollback of Biden Environmental Regulations

President-elect Trump has said he would reverse his predecessor’s climate policies, withdrawing from the Paris Agreement on greenhouse gas emissions and rescinding some EPA emissions rules....more

Foley Hoag LLP - Energy & Climate Counsel

Updated Hydrogen Emissions Model Provides Key Insights into Biogas and Fugitive Methane Feedstock Emissions

On January 15, 2025, Department of Energy (DOE) released updated versions of the 45VH2-GREET lifecycle greenhouse gas (GHG) emissions model and accompanying instructional manual. The updates are crucial to the Inflation...more

Fenwick & West LLP

FAR Council Withdraws Proposed Greenhouse Gas Disclosure Rule

Fenwick & West LLP on

In yet another example of the United States' federal pull back on climate change disclosure laws, the Federal Acquisition Regulatory Council on Monday withdrew a proposed rule titled “Disclosure of Greenhouse Gas Emissions...more

BakerHostetler

Regulating Automotive Emissions: Part IV - Emissions Litigation To Watch

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With several pending litigations challenging federal emissions and fuel economy standards, the automotive industry is likely to see continued disruption at a time when it seeks stability....more

Morrison & Foerster LLP - Government...

Proposed Greenhouse Gas FAR Clause Withdrawn as Inauguration Approaches

The Biden Administration withdrew a proposed climate change-inspired amendment to the Federal Acquisition Regulation (FAR) one week before former President Donald Trump’s return to the White House. According to a notice...more

Allen Matkins

California Withdraws Clean Air Act Waiver Requests for Vehicle Emissions Standards

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On Monday, January 13, 2025, California withdrew requests for Clean Air Act waivers from the EPA needed to support four recently adopted vehicle emissions regulations: 1) the Advanced Clean Fleets Regulations; 2) the In-Use...more

Venable LLP

Anticipated Changes to Automotive Regulations under the Second Trump Administration

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As President-elect Donald Trump prepares to assume office, the administration is signaling a shift in regulatory policy that could have sweeping implications for the automotive and advanced mobility industries. ...more

Vinson & Elkins LLP

Treasury Releases Final Regulations for the Tech-Neutral PTC and ITC

Vinson & Elkins LLP on

On January 7, 2025, the U.S. Department of the Treasury (the “Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations (T.D. 10024) (the “Final Regulations” and the preamble thereto, the...more

Wilson Sonsini Goodrich & Rosati

Treasury and IRS Release Final Regulations for Tech-Neutral Clean Electricity Production and Investment Tax Credits

On January 7, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released Final Regulations (the Final Regulations) regarding clean electricity production tax credits and clean...more

Foley & Lardner LLP

Final Regulations for New Clean Energy Production and Investment Tax Credits

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Share on Twitter Print Share by Email Share Back to top Last week, the Internal Revenue Service (“IRS”) and Department of the Treasury issued the highly anticipated final regulations for the Clean Electricity Production Tax...more

Bracewell LLP

Treasury Department and IRS Release Final Regulations for Section 45V Clean Hydrogen Production Tax Credit

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On January 3, 2025, the Treasury Department and the Internal Revenue Service issued final regulations under Internal Revenue Code (Code) Section 45V (the Final Regulations) with respect to credits for the production of clean...more

Davis Wright Tremaine LLP

Project W: Alumna Spotlight on Stephanie Benedetto

Stephanie Benedetto traces her entrepreneurial DNA to her great-grandfather, Pappy, who immigrated to the Lower East Side of Manhattan (the original garment district) from Austria in 1986. Pappy collected odds and ends of...more

Blake, Cassels & Graydon LLP

Canadian Sustainability Standards Board Publishes Inaugural Sustainability Disclosure Standards

On December 18, 2024, the Canadian Sustainability Standards Board (CSSB), which has been working since June 2023 to advance the adoption of sustainability standards in Canada, released its inaugural Canadian Sustainability...more

Proskauer - Regulatory & Compliance

Climate Reporting in 2025: Looking Ahead

In this alert, we reflect on recent climate reporting updates and analyze expectations for 2025 that are relevant for international businesses....more

Blake, Cassels & Graydon LLP

Adapting to Canada’s Changing Environmental Landscape

The Canadian federal government continues to introduce stricter environmental regulations impacting business practices. These regulatory updates demonstrate Canada’s focus on further developing and enforcing its environmental...more

Troutman Pepper Locke

IRS Issues Final Regulations on Clean Hydrogen Tax Credits

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The IRS and the Treasury Department issued final regulations on January 3 (Final Regulations), providing guidance on the clean hydrogen production tax credit under Section 45V (Hydrogen PTC) and the investment tax credit...more

Baker Botts L.L.P.

Chris Wright Stresses Practical Solutions for Energy

Baker Botts L.L.P. on

Yesterday, at his Senate confirmation hearing, Chris Wright, nominee for U.S. U.S. Department of Energy (DOE) Secretary, advocated for a forward-thinking “all-of-the-above” energy strategy, integrating fossil fuels with...more

Vinson & Elkins LLP

Final Hydrogen Regulations Provide Multiple Paths for Production, But The Three Pillars and Other Obstacles Remain

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On January 10, 2024, the Department of the Treasury (“Treasury”) published the final regulations governing the section 45V Clean Hydrogen Production Tax Credit (“Final Regulations”). The Final Regulations tackle many of the...more

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

Solar for All Grant Competition/Inflation Reduction Act: Arkansas Operation Among the 60 Selectees

The United States Environmental Protection Agency (“EPA”) announced 60 selectees receiving awards for the Solar for All Grant Competition that is projected to provide residential solar projects to over 900,000 households. ...more

Foley Hoag LLP - Environmental Law

More on Climate Superfund Laws and Litigation

Last week, we posted about New York State’s enactment of the Climate Change Superfund Act. We promised to continue to monitor developments concerning climate superfund legislation and to update readers as necessary. It’s been...more

Jenner & Block

FAR Council Withdraws Proposed GHG Disclosure Rule as CARB Seeks Input on Implementation of Climate Disclosure Laws

Jenner & Block on

On January 13, the Federal Acquisition Regulatory (FAR) Council withdrew the greenhouse gas (GHG) disclosure rule that it proposed in late 2022. As explained previously, the proposed rule would have required certain federal...more

White & Case LLP

Final Regulations for Clean Hydrogen: Making Tax Credits More Accessible

White & Case LLP on

On January 3, 2025, the U.S. Internal Revenue Service ("IRS") and U.S. Department of the Treasury ("Treasury") issued final regulations for the clean hydrogen production tax credit ("PTC") under § 45V of the Internal Revenue...more

Hogan Lovells

UK/EU/International ESG Regulation Monthly Round-Up – December 2024

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As we enter into 2025, we look back to ESG regulatory developments in December 2024 and reflect on the expected legislation for the coming year. We anticipate more regulatory initiatives in 2025, particularly in the UK. In...more

Paul Hastings LLP

Treasury and IRS Finalize Clean Hydrogen Production Credit Regulations

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The Inflation Reduction Act of 2022 added the Section 45V production tax credit for the production of clean hydrogen (Section 45V) to the Internal Revenue Code of 1986, as amended. Section 45V provides a credit against...more

Baker Botts L.L.P.

P2N0 - 2024 Year-End Edition - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to the twenty-second edition of P2N0 providing our take on the key news and themes arising during 2024. On January 19, 2025, the twenty-third edition of P2N0 will be published, covering key news items arising during...more

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