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This Week’s Climate Policy Update - October 2022

As Congress headed into recess, it sought to wrap up loose ends, including passing permitting reform. However, Sen. Joe Manchin (D-WV) removed his permitting reform language from a continuing resolution and Senate Majority...more

Energy Department Opens Landmark $7 Billion Clean Hydrogen Funding Opportunity

On September 22, 2022, the U.S. Department of Energy (DOE) opened applications for its $7 billion H2Hubs program, marking one of the largest investments in DOE history, with the goal of creating up to ten regional clean...more

This Week’s Climate Policy Update - September 2022

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and...more

The Inflation Reduction Act Applies the Polluter Pays Principal: Carbon Tax Will Accelerate Reduction of Methane Emissions

The Inflation Reduction Act (“IRA”) includes a variety of incentives, including tax credits and grants, for US industries to reduce greenhouse gas (“GHG”) emissions. The IRA also includes a significant “disincentive” for...more

This Week’s Climate Policy Update - August 2022 #4

Last week, the California Air Resources Board (CARB) announced a new rule that bans new, gas-powered cars in the state, starting with 2035 models. As the California legislative session draws to a close, various climate bills...more

High Court Judgment on U.K. Government Net-Zero Strategy

The High Court of England and Wales (the “High Court”) recently ruled1 that the U.K. government’s Net Zero Strategy (NZS) breached the detail and reporting requirements of the Climate Change Act 2008 (“CCA 2008”). In this...more

This Week’s Climate Policy Update - August 2022 #3

Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and forthcoming climate-related...more

President Biden Signs the Inflation Reduction Act

Today, President Biden signed the Inflation Reduction Act of 2022 (IRA) into law. The final IRA bill came together after more than 18 months of intra-party negotiations among Democrats about what legislative priorities to...more

This Week’s Climate Policy Update - August 2022 #2

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and...more

Inflation Reduction Act Update

The following alert provides a high level update to the August 4 Akin Gump comprehensive section-by-section report, which was published before the Senate vote-a-rama and final Senate passage. This update is being published...more

Comprehensive Section-By-Section of the Inflation Reduction Act

Sens. Joe Manchin (D-WV) and Chuck Schumer (D-NY) shocked Washington, D.C. when they announced an agreement around a budget reconciliation package that includes clean energy and health care provisions and tax reform. The...more

This Week’s Climate Policy Update - August 2022

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and...more

CFTC Turns Spotlight on the Voluntary Carbon Markets

The Commodity Futures Trading Commission (CFTC) is joining other federal agencies in the move toward a whole-of-government approach to the mitigation of climate-related financial risk. The CFTC has taken steps this...more

This Week’s Climate Policy Update - July 2022 #4

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and...more

ISSB Sustainability Disclosure Proposals

In view of the upcoming July 29 deadline to the International Sustainability Standards Board’s (ISSB) consultation period for its proposed sustainability disclosure standards, Akin Gump would like to remind readers of the...more

This Week’s Climate Policy Update - July 2022 #3

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on all things climate change. Below are the major federal and California climate policy headlines of the past week:  DC Circuit Says...more

California Climate Disclosure Legislation Clears Critical Hurdles

Legislation to “prevent corporate greenwashing” by requiring major companies doing business in California to publicly disclose their scope 1, 2 and 3 greenhouse gas (GHG) emissions has cleared two critical committees....more

This Week’s Climate Policy Update - July 2022 #2

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on all things climate change. Below are the major federal and California climate policy headlines of the past week... ...more

US Food Sector Needs to Implement Climate Action Plans to Feed Demand from Hungry Investors

As corporations increasingly make public commitments to reduce greenhouse gas (GHG) emissions, allegations of “greenwashing” have been elevated to the global stage. Consumers, investors and government bodies alike are seeking...more

‘Major Questions’? Supreme Court Decision in Climate Change Case Sends Ripples Across the Regulatory Landscape

Key Points- For the first time, the Supreme Court has invoked explicitly the “major questions doctrine”—which requires Congress to speak clearly when authorizing agency action in certain extraordinary cases—to strike...more

StEPing Up to the Plate: Justice Department Restores Favored Enforcement Resolution Tool

The U.S. Department of Justice (DOJ or the “Department”) made way for the return of supplemental environmental projects (SEPs) as a tool to settle violations of federal environmental laws while delivering environmental...more

This Week’s Climate Policy Update - July 2022

[co-author: Leila Fleming] Supreme Court Restricts the EPA’s Authority to Mandate Carbon Emissions Reductions (NPR) - On Thursday, the Supreme Court invoked the “Major Questions Doctrine” in West Virginia v. EPA to...more

This Week’s Climate Policy Update - June 2022

[co-author: Leila Fleming] Despite the Senate being in recess and the House in a district work period, climate policy developments have continued. Last week, President Biden, along with 11 governors, launched a...more

FAA Proposes New Fuel Efficiency Standards for Large Aircraft Flying in the United States

On June 15, 2022, the Federal Aviation Administration (FAA) issued a proposed rule that would require large aircraft flying in the United States’ airspace to satisfy enhanced fuel efficiency standards. The proposal,...more

This Week’s Climate Policy Update

Good evening! This is Akin Gump’s weekly policy newsletter on all things climate change. Below are the major federal climate policy headlines of the past week - House Appropriators Release Bill to Bolster EPA, Interior...more

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