News & Analysis as of

Greenhouse Gas Emissions New Regulations

Jones Day

Vermont Law Requires Energy Companies to Pay for Climate Change Damage

Jones Day on

Vermont passed a first-of-its-kind law requiring energy companies to pay for part of the damages from extreme weather events, but the law likely will face legal challenges....more

Mintz

Environmental Groups Drop Challenge to SEC Climate Disclosure Rule

Mintz on

When the SEC announced its mandatory climate disclosure rule on March 6, 2024, this regulation was immediately challenged by parties on both ends of the political spectrum. A number of states, fossil fuel companies, and...more

Jones Day

Greenhouse Gas Emission Reporting for Petroleum and Natural Gas Industry Overhauled

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The Situation: The United States Environmental Protection Agency ("EPA") was required to overhaul the greenhouse gas reporting requirements for the petroleum and natural gas industry by the Inflation Reduction Act ("IRA") in...more

J.S. Held

Crosscurrents—European Union Fails to Pass Corporate Sustainability Due Diligence Directive & SEC Bails on Scope 3 Requirements

J.S. Held on

Introduction - With the adoption by 196 parties of the Paris Agreement in December 2015, legally binding international climate change arrived. The Paris Agreement requires increasingly aggressive five-year cycles climate...more

Mintz

A Mintz ESG Primer: The Current State of Environmental, Social, and Governance Matters in American Corporations

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The Mintz Environmental, Social, and Governance (ESG) Working Group developed this ESG primer to provide an overview of the current state of affairs in the United States with respect to the ESG issues that businesses...more

BakerHostetler

New Regulations and Standards Look to Clean Up the Voluntary Carbon Market and Fight Greenwashing

BakerHostetler on

As businesses across the globe strive to fulfill carbon-neutral and net-zero promises over the coming decades, the voluntary carbon market has emerged as a necessary resource to help businesses bridge the gap to...more

A&O Shearman

EU carbon border adjustment mechanism – the transitional phase has begun: Are you ready?

A&O Shearman on

The EU Regulation establishing a carbon border adjustment mechanism (CBAM) is designed to drive businesses to achieve a true global reduction in greenhouse gas (GHG) emissions instead of relocating carbon-intensive production...more

Proskauer Rose LLP

UK and EU Sustainable Finance Regulation: Taking Stock with Change on the Horizon

Proskauer Rose LLP on

Both opportunities and challenges have arisen for the asset management industry as a result of the rapid introduction of UK and EU sustainable finance regulation in recent years. The new requirements have been heightened in...more

Foley Hoag LLP - Energy & Climate Counsel

NYISO’s Grid Reliability Need Finding: A Harbinger of Opportunity to Come in New York

On July 14, 2023, the New York Independent System Operator (NYISO) identified a grid reliability need in New York City of 446 megawatts (MW) beginning in the summer of 2025. If the City experiences a 98-degree heatwave that...more

J.S. Held

Clean Fuel Regulations in Canada: How to Prepare for Compliance

J.S. Held on

The new clean fuel regulations in Canada aim to lessen carbon intensity of transportation fuel by 2030. This paper discusses how primary fuel suppliers can prepare and comply with the forthcoming regulations. The following...more

Perkins Coie

Washington State Implements Major Programs To Reach Climate Goals

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Two climate-related regulatory programs affecting business and industry in Washington state took effect on January 1, 2023. First, the Climate Commitment Act introduces an economywide emissions cap-and-invest program. Second,...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Litigation Updates — November 2022

Regulatory Developments. During the past month, there have been two notable developments in connection with the SEC’s proposed climate disclosures rule — “The Enhancement and Standardization of Climate-Related Disclosures for...more

Cadwalader, Wickersham & Taft LLP

Crypto-Assets and Climate Change – It’s Complicated

On September 8, the White House published a report (“Climate-Crypto Report”) on Climate and Energy Implications of Crypto-Assets in the United States, which was followed by a detailed Fact Sheet summarizing the findings in...more

Latham & Watkins LLP

CARB Finalizes Zero-Emission Auto Rules

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California continues to push toward its statewide carbon-neutrality goals. On August 25, 2022, the California Air Resources Board (CARB) unanimously approved regulations that require all new 2035 and later passenger...more

Proskauer Rose LLP

The Supreme Court Limits EPA’s Authority to Regulate Greenhouse Gas Emissions

Proskauer Rose LLP on

On June 30, 2022, the Supreme Court of the United States issued an important environmental ruling in West Virginia v. EPA, holding that while the United States Environmental Protection Agency (“EPA”) can regulate power plant...more

Coblentz Patch Duffy & Bass

Bay Area Air Quality Management District Updates CEQA Thresholds for Greenhouse Gas Impacts

On April 20, 2022, the Bay Area Air Quality Management District (BAAQMD) adopted new recommended thresholds for determining the significance of individual projects’ greenhouse gas impacts under the California Environmental...more

Jones Day

EPA Proposes Methane Emission Regulation for Existing Oil and Gas Production

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After years of attempts with varying success to regulate methane emissions from new oil and gas wells, the Biden administration has shifted strategy in proposing a regulatory program covering both new and existing oil and...more

Foley Hoag LLP - Environmental Law

Another Reminder How Difficult It’s Going to Be to Get to Net Zero

Yesterday, the Baker administration announced that the Transportation Climate Initiative is dead in Massachusetts, at least for now. This is not a surprise, particularly after Governor Lamont’s statement that there is no...more

Jones Day

Environmental Labels, Greenwashing, and Ecocide Tackled by France's New Climate Law

Jones Day on

On August 22, 2021, the French Parliament adopted the Climate and Resilience Law ("2021 Climate Law"). In aiming to accelerate the transition to a carbon-neutral and more resilient society, the 2021 Climate Law imposes...more

Pillsbury Winthrop Shaw Pittman LLP

EU Takes Key Step in Taxonomy Rollout

European Commission issues first Delegated Act in the much-debated Taxonomy, moving forward with a multi-step approach in determining which activities are classified as sustainable. Nuclear energy, natural gas and...more

Perkins Coie

Managing Conflict: Department of the Interior Implementation of 2020 NEPA Regulations

Perkins Coie on

The secretary of the interior issued two Secretarial Orders on April 16, 2021, that provide early indications of the Biden administration’s approach to the environmental review process for infrastructure projects under the...more

Pillsbury Winthrop Shaw Pittman LLP

Navigating the American Innovation and Manufacturing (AIM) Act’s Comprehensive HFC Phasedown

Industries impacted by the AIM Act’s HFC phasedown must prepare to address the costs and other challenges of complying with a new and emerging regulatory framework. The American Innovation and Manufacturing Act (AIM Act)...more

Steptoe & Johnson PLLC

New Mexico Enacts 98 Percent Gas Capture Rule

After two years of rulemaking, and more than a year of public comments, on Thursday, March 25, 2021, New Mexico’s Oil Conservation Commission (OCC) unanimously approved new regulations on natural gas emissions that require...more

Foley Hoag LLP - Environmental Law

The Massachusetts Climate Bill is Very Much “Not Dead”

In January, when Governor Baker vetoed the Legislature’s effort to go big on climate, my colleague Zach Gerson made clear that the bill was not even “mostly dead.” I am pleased to say that Zach’s diagnosis was correct. The...more

Harris Beach PLLC

New York Finalizes Regulations for Renewable Energy Project Review

Harris Beach PLLC on

Earlier this week, the Office of Renewable Energy Siting finalized and enacted the new regulations required by the New York Accelerated Renewable Energy Growth and Community Benefit Act. Signed into law about a year...more

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