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
Regulatory Developments Among State AGs. Over the past few weeks, various state attorneys general have either issued guidance or initiated enforcement actions in connection with ESG ratings. Specifically, among other things,...more
Climate Change Tort Litigation -
Beginning in 2017, an array of state and local governments have pursued claims against major fossil fuel producers — particularly the major oil companies (Chevron, Exxon, BP, Shell, and...more
In June 2022, the Supreme Court issued its decision in West Virginia v. EPA, which held that, under the “major questions doctrine,” the EPA lacked the authority under the Clean Air Act to devise emissions caps based on the...more
8/10/2022
/ Clean Air Act ,
Energy Sector ,
Enforcement Actions ,
Environmental Litigation ,
Environmental Protection Agency (EPA) ,
Greenwashing ,
Investment ,
National Emissions Standards ,
SCOTUS ,
Sustainability ,
West Virginia v EPA
Earlier this week, President Biden delivered a speech identifying certain executive actions he planned to undertake in order to advance his agenda of combatting climate change. These included: (1) "$2.3 billion to help...more
7/25/2022
/ Biden Administration ,
CFTC ,
Clean Energy ,
Climate Change ,
Energy Sector ,
Environmental Policies ,
Executive Orders ,
Regulatory Agenda ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
West Virginia v EPA
The European Parliament has now "endorsed labeling some gas and nuclear energy projects as 'green.'" This designation will now enable these energy projects to have "access to hundreds of billions of euros in cheap loans and...more
The Federal Energy Regulatory Commission ("FERC"), which regulates the transmission and wholesale sale of electricity and natural gas, and also oversees the U.S. pipeline infrastructure, including the review process for...more