The Situation: The Inflation Reduction Act ("IRA") requires the U.S Environmental Protection Agency ("EPA") to finalize new greenhouse gas reporting rules for the petroleum and natural gas industry based on "empirical...more
REGULATORY ISSUES & UPDATES -
New CFTC Enforcement on Carbon Markets Misconduct -
The U.S. CFTC publishes a rare alert soliciting tips about potential manipulation in the carbon markets and announces the formation of...more
8/18/2023
/ Airlines ,
CARB ,
CFTC ,
Climate Change ,
Environmental Protection Agency (EPA) ,
EU ,
Greenhouse Gas Emissions ,
Greenwashing ,
HFC Emissions ,
Shareholder Litigation ,
UK
On June 20, 2023, the United States Court of Appeals for the District of Columbia Circuit, in Heating, Air Conditioning & Refrigeration Distributors Int'l v. Envtl. Prot. Agency, No. 21-1251, (D.C. Cir. June 20, 2023),...more
8/16/2023
/ Clean Air Act ,
Climate Change ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Final Rules ,
Greenhouse Gas Emissions ,
HFC Emissions ,
Notice and Comment ,
Ozone ,
Supreme Court of Appeal ,
Tracking Systems
"Green Day" in the UK -
As part of its "Powering Up Britain" strategy, the UK government has published a series of documents setting out its vision for the UK's transition to net zero and the strengthening of UK energy...more
In Short -
The Situation: The Environmental Protection Agency ("EPA") has issued proposed rules to limit carbon dioxide ("CO2") emissions from fossil fuel-fired power plants (the "Proposed Rules")....more
On April 5, 2023, the Fifth Circuit Court of Appeals, in Louisiana v. Biden, 64 F.4th 674 (5th Cir. 2023), dismissed a lawsuit brought by 10 state attorneys general against President Biden, challenging Executive Order 13990....more
The Environmental Protection Agency ("EPA") is proposing stringent carbon dioxide emissions standards for coal- and gas-fired power plants....more
Incoming: Mandatory Climate Risk Disclosures in Australia -
The Climate-Related Financial Disclosure Consultation Paper proposes that, commencing with the 2024/2025 financial year, large, listed entities and large...more
In December 2022, the United States Court of Appeals for the Fourth Circuit denied an appeal by environmental groups to revive their challenge to the 2020 amendments to the Council on Environmental Quality's ("CEQ") National...more
In Short -
The Situation: The Inflation Reduction Act ("IRA") imposes a charge on excess methane emissions from designated petroleum and natural gas facilities beginning January 1, 2024....more
REGULATORY ISSUES & UPDATES -
European Taxonomy Regulation Extended to Natural Gas and Nuclear Energy -
The regulation is likely to create new opportunities for natural gas and nuclear energy in the European Union,...more
On April 23, 2022, Pennsylvania became the 12th state to join the Regional Greenhouse Gas Initiative ("RGGI"). Entry into the cap-and-trade program is one of the cornerstones of Governor Tom Wolf's efforts to mitigate carbon...more
REGULATORY ISSUES & UPDATES -
UK Introduces New Climate-Related Disclosure Regulations for UK Companies and LLPs -
The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 ("the...more
6/1/2022
/ Biden Administration ,
Climate Action Plan ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Energy Reform ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Greenwashing ,
Publicly-Traded Companies ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC)
The delegated regulation includes a new comprehensive and unified reporting methodology to direct investments toward environmentally sustainable economic activities....more
3/1/2022
/ Climate Action Plan ,
Climate Change ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Environmental Social & Governance (ESG) ,
EU ,
Greenhouse Gas Emissions ,
Investment ,
Investor State Dispute Settlement (ISDS) ,
Net Zero ,
Real Estate Development ,
Regulatory Reform ,
Taxonomy
Climate Change Regulatory Issues & Updates -
New NEPA Proposed Rule from CEQ Leaves Uncertain How U.S. Federal Agencies Must Assess Climate Change Impacts -
On October 7, 2021, the Council on Environmental Quality...more
11/5/2021
/ Advertising ,
Biden Administration ,
Carbon Emissions ,
CEQ ,
Climate Action Plan ,
Climate Change ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Greenhouse Gas Emissions ,
Greenwashing ,
Marketing ,
NEPA ,
Oil & Gas ,
Regulatory Agenda
On August 31, 2021, a federal district court in Missouri v. Biden, 4:21-cv-00287, 2021 WL 3885590 (E.D. Mo. 2021), dismissed a suit brought by the State of Missouri and 12 other states, challenging President Biden's Executive...more
11/5/2021
/ Biden Administration ,
Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Cost Allocation ,
Dismissals ,
Executive Orders ,
Greenhouse Gas Emissions ,
Methane ,
Regulatory Agenda ,
Regulatory Reform ,
Social Justice Issues ,
Working Groups
Climate Change Regulatory Issues & Updates -
European Climate Law Sets a Binding Objective of Climate Neutrality by 2050 -
The recently adopted European Climate Law calls for the necessity to address "the growing...more
7/28/2021
/ Cap-and-Trade ,
Carbon Emissions ,
Climate Change ,
Environmental Policies ,
Fair Dealing Exception ,
Greenhouse Gas Emissions ,
Infrastructure ,
Mineral Leases ,
NEPA ,
Offshore Lease ,
Oil & Gas
On July 13, 2021, Pennsylvania moved closer to joining the Regional Greenhouse Gas Initiative ("RGGI") after receiving approval from the Environmental Quality Board ("EQB"). Joining RGGI has been a centerpiece of Governor Tom...more
Range Resources Corporation's 2020 Corporate Sustainability Report describes its industry leadership and commitment to sustainably producing natural gas for this generation and generations to come while prioritizing...more
Climate Change Regulatory Issues & Updates -
EPA Issues Affordable Clean Energy Rule -
The U.S. Environmental Protection Agency ("EPA") issued the Affordable Clean Energy rule on July 8 to repeal the Clean Power Plan...more
The Situation: Proposed resolutions in Congress and an injunction request in a Ninth Circuit case both seek significant reductions in fossil fuel use throughout the economy.
The Result: In the near term, it is easy to...more
3/15/2019
/ Clean Air Act ,
Climate Change ,
Constitutional Challenges ,
Energy Policy ,
Environmental Policies ,
Fossil Fuel ,
Green New Deal ,
Greenhouse Gas Emissions ,
Legislative Agendas ,
Oil & Gas ,
Proposed Legislation ,
Public Trust Doctrine
Climate Change Regulatory Issues & Updates -
California Air Resources Board Amends Cap-and-Trade Regulations -
On December 13, 2018, the California Air Resources Board ("CARB") adopted amendments to California's...more
Climate Change Regulatory Issues & Updates -
Comment Period Ending on EPA's Affordable Clean Energy Proposal -
A 60-day public comment period on the Affordable Clean Energy rule to replace the Obama Administration's...more
Climate Change Regulatory Issues & Updates -
UK Government Adopts Zero Emission Road Transport Strategy -
On July 9, 2018, the UK Government published "The Road to Zero," a strategy to implement measures to transition...more
8/9/2018
/ Climate Change ,
Energy Sector ,
Environmental Protection Agency (EPA) ,
EU ,
FERC ,
FOIA ,
Greenhouse Gas Emissions ,
Offshore Wind ,
Renewable Energy ,
UK ,
Wind Power ,
Zero-Emission Vehicles
Climate Change Regulatory Issues & Updates -
EPA Releases 2018 Edition of the Greenhouse Gas Emissions Inventory -
A new version of EPA's Greenhouse Gas Emissions Inventory shows a decline in U.S. total net greenhouse...more
5/31/2018
/ Bald and Golden Eagle Protection Act ,
Clean Energy ,
Climate Change ,
Endangered Species Act (ESA) ,
Energy & Climate Debates ,
Energy Efficiency ,
Energy Sector ,
Environmental Protection Agency (EPA) ,
EU ,
Greenhouse Gas Emissions ,
International Trade Commission (ITC) ,
Mexico ,
Migratory Bird Treaty Act (MBTA) ,
National Emissions Standards ,
Power Purchase Agreements ,
Renewable Energy ,
Tariffs ,
Trump Administration