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Offshore Lease Biden Administration

Eversheds Sutherland (US) LLP

First of its kind for five West Coast offshore wind lease areas

The auction: First of its kind for five West Coast offshore lease areas - The US Bureau of Ocean Energy Management (BOEM), completed its first west coast offshore wind lease auction on Wednesday.1 The auction covered...more

Latham & Watkins LLP

Nine Takeaways From the Inflation Reduction Act’s Climate Initiatives

Latham & Watkins LLP on

The Act promises to touch on almost every aspect of US climate policy. On August 16, 2022, President Biden signed into law the Inflation Reduction Act (the Act), which expands clean and renewable energy production,...more

Perkins Coie

The Inflation Reduction Act’s Impact on Offshore Wind Leasing

Perkins Coie on

The $437 billion Inflation Reduction Act, H.R. 5376 (IRA), signed into law on August 16, 2022, by President Biden, makes historic investments in clean energy. The IRA allocates $369 billion toward energy security, carbon...more

Holland & Knight LLP

Inflation Reduction Act Advances Stalled Offshore Oil and Gas Lease Sales

Holland & Knight LLP on

The Inflation Reduction Act (the Act), which passed the U.S. Senate on Aug. 7, 2022, requires that previously announced offshore lease sales in the Gulf of Mexico and Alaska be held during the next two years....more

Holland & Knight LLP

Interior Releases Draft Program for New Offshore Leases; Future Uncertain

Holland & Knight LLP on

The U.S. Department of the Interior on July 1, 2022, released its long-awaited update on the next Outer Continental Shelf (OCS) five-year proposed offshore drilling program (Program), a day after the previous program expired....more

Holland & Knight LLP

Biden Administration's Focus on Offshore Wind Energy: DOI's Plan and Other Recent Developments

Holland & Knight LLP on

U.S. Department of the Interior (DOI) Secretary Deb Haaland announced in October that the Biden Administration would be opening up the U.S. coastline to large-scale, offshore wind farming. Speaking at a wind industry...more

Jones Day

Preliminary Injunction Issued Preventing Ban on New Federal Oil and Gas Leases

Jones Day on

As reported in the last edition of The Climate Report, Alabama, Alaska, Arkansas, Louisiana, Georgia, Mississippi, Missouri, Montana, Nebraska, Oklahoma, Texas, Utah, and West Virginia (collectively, "Plaintiff States") filed...more

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