On June 17, 2025, the U.S. Environmental Protection Agency (“EPA”) published its proposed “Set 2” rule under the Renewable Fuel Standard (“RFS”) program (the “Set 2 Rule”). The Set 2 Rule proposes renewable volume obligations...more
6/19/2025
/ Agribusiness ,
Biofuel ,
Charging Stations ,
Electric Vehicles ,
Energy Policy ,
Environmental Protection Agency (EPA) ,
Proposed Rules ,
Regulatory Reform ,
Regulatory Requirements ,
Renewable Energy ,
Renewable Fuel Standard ,
Secretary of Agriculture ,
Trump Administration
If past is prologue, while the second Trump administration is expected to take a number of actions that could lead to increased volatility with respect to renewable identification number (“RIN”) prices just as the first did,...more
On August 14, 2024, the United States Court of Appeals for the District of Columbia Circuit (“D.C. Circuit”) released a redacted copy of its opinion in Sinclair Wyoming Refining Co. LLC v. EPA, in which the D.C. Circuit...more
While 2022 showed that the sustainable debt market is not impervious to overall economic slow-down (particularly in the capital markets), 2023 demonstrated its resiliency, even in a high-interest rate market. Notwithstanding...more
3/15/2024
/ Climate Change ,
Corporate Governance ,
Debt Financing ,
Documentation ,
Environmental Social & Governance (ESG) ,
EU ,
Green Bonds ,
Green Finance ,
Green Loans ,
Interest Rates ,
Renewable Energy ,
Sustainability
Following a nearly two-year wait, the Securities and Exchange Commission (“SEC” or “Commission”) released its Final Rule—The Enhancement and Standardization of Climate-Related Disclosures for Investors—on March 6, 2024. The...more
3/8/2024
/ Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Final Rules ,
Greenhouse Gas Emissions ,
Publicly-Traded Companies ,
Regulation S-K ,
Regulation S-X ,
Renewable Energy ,
Securities and Exchange Commission (SEC) ,
Task Force on Climate-related Financial Disclosures (TCFD)
Last week, the Governor of New Mexico signed House Bill 41 (“HB 41”) into law, establishing the Clean Fuel Standard (“CFS”), which, similar to programs in California, Oregon, and Washington, focuses on reducing the carbon...more
The California Air Resources Board (“CARB”) reviews the state’s Low Carbon Fuel Standard (“LCFS”) program every five years as part of the broader scoping plan required under the California Global Warming Solutions Act. On...more
The 28th Conference of the Parties (or “COP28”) to the UN Framework Convention on Climate Change (“UNFCCC”) at Expo City in Dubai has ended with an agreement described by COP28 president Dr Sultan Ahmed Al Jaber as “historic”...more
In an ambitious step toward New York state’s climate goals, the New York State Climate Action Council approved a Scoping Plan on December 19, 2022, which sets forth a series of recommended policies and actions. The 445-page...more
1/11/2023
/ Carbon Capture and Sequestration ,
Clean Tech ,
Climate Action Plan ,
Greenhouse Gas Emissions ,
Investment Opportunities ,
Low Carbon Fuel Standard ,
New York ,
Popular ,
Power Grid ,
Recycling ,
Renewable Energy ,
Waste Management ,
Zero-Emission Vehicles
Ambitions to decarbonize the power sector by 2035 face a number of significant hurdles — the most intractable of which may be the extent of corresponding highvoltage transmission infrastructure necessary to accommodate the...more
10/25/2021
/ Biden Administration ,
Carbon Emissions ,
Eminent Domain ,
Energy Policy ,
Energy Policy Act ,
Energy Reform ,
FERC ,
Oil & Gas ,
Pending Legislation ,
Power Grid ,
Power Infrastructure ,
Public Land ,
Renewable Energy ,
Transmission Grid
President Biden has announced ambitious energy and environmental goals in an effort to combat the effects of climate change. Many of the president’s goals hinge on increasing support for alternative forms of energy...more
The Biden administration has committed to supporting increased renewable power generating capacity, calling to decarbonize the national electric grid by 2035. President Biden has already begun taking steps to support this...more