News & Analysis as of

Biden Administration Inflation Reduction Act (IRA) Climate Change

Womble Bond Dickinson

Potential Rollback of Biden's Climate Policies Targets Billions in Clean Energy Projects

Womble Bond Dickinson on

According to media reports, Energy Department officials are compiling a list of clean energy projects, awarded billions of dollars, that could be overturned by the Trump administration in what may become the most significant...more

Womble Bond Dickinson

House Republicans Demand Answers on Biden-Era EPA Allocations and Financial Agreements

Womble Bond Dickinson on

Congressional Republicans have asked the Administrator for the Environmental Protection Agency (EPA) Lee Zeldin for a briefing on grants and funding awarded by the agency under the Biden Administration, signaling their...more

Jones Day

Joint Resolution Puts Future of Methane Fee in Doubt

Jones Day on

The Biden administration's rule requiring the payment of a fee for methane emissions has effectively been rescinded, although, for now at least, the statutory provision imposing the fee remains in effect along with other...more

Akin Gump Strauss Hauer & Feld LLP

Oil & Gas in 2025: Emerging Trends & Predictions

As we enter 2025 with a new president in the White House and Republicans in control of both the House and the Senate, we can look forward to a significant shift in the landscape for oil & gas transactions. The second Trump...more

Foley Hoag LLP

Climate Law Matters: Energy & Climate Newsletter - December 2024

Foley Hoag LLP on

In this Issue: Mission is Market - As with many, we in the Foley Hoag energy and climate practice have felt the results of the 2024 election reverberate through our industry. We’ve gathered and digested the most current...more

Holland & Knight LLP

Election Implications for Clean Energy, Climate, Critical Minerals Programs at DOE

Holland & Knight LLP on

The 2024 U.S. presidential election is shaping up to be one of the most uncertain and unpredictable in history. The future and overall success of the U.S. Department of Energy's once-in-a-generation clean energy investments...more

Akin Gump Strauss Hauer & Feld LLP
Climate Policy

This Week’s Climate Policy Update - April 2024 #2

Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past two weeks and forthcoming climate-related events and...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - April 2024 #2

In this week’s edition, we discuss the ever-increasing focus on greenwashing by way of enforcement action taken by regulatory authorities and incoming legislation aimed at enhancing consumer protection. The EU confirmed the...more

Nossaman LLP

Solar + Water Canals = Win-Win?

Nossaman LLP on

On April 4, 2024, Governor Newsom and the U.S. Bureau of Reclamation (Bureau) announced that the Bureau awarded California $15 million for the Delta-Mendota Canal floating solar project. The project, which is funded through...more

(ACOEL) | American College of Environmental...

Building on the IRA’s Farm Policy Momentum

On August 16, 2022, President Biden signed into law the Inflation Reduction Act (IRA), historic legislation that for the first time directly addresses climate change mitigation across multiple sectors, including agriculture....more

King & Spalding

Beyond the Fenceline: Environmental Justice Updates – December 2023

King & Spalding on

Environmental Justice: 2023 Year in Review and 2024 Look-Ahead - As a concept, Environmental Justice, or EJ, has been around for more than 40 years. Beginning as a slogan at protests in Warren County, NC in 1982, EJ...more

Nelson Mullins Riley & Scarborough LLP

U.S. Environmental Protection Agency Announces $2 Billion Environmental and Climate Justice Funding Opportunity - Historic Funding...

The U.S. Environmental Protection Agency (EPA), through its Office of Environmental Justice and External Civil Rights (OEJECR), has announced an unprecedented funding opportunity entitled the “Environmental and Climate...more

Foley Hoag LLP - Energy & Climate Counsel

Biden-Harris Administration Publishes Priorities for Permitting Reform to Build Clean Energy “Faster, Safer, and Cleaner”

Yesterday, the Biden-Harris administration outlined in a fact sheet its priorities for permitting reform to accelerate the build-out of America’s energy infrastructure “faster, safer, and cleaner.” The fact sheet provides an...more

BakerHostetler

Overview of Renewable Energy Tax Credits Under the Inflation Reduction Act - Part I

BakerHostetler on

In the United States, federal tax policy, through federal income tax credits, is one of the primary methods used to effectuate government subsidies for the development of renewable energy technology in the private sector....more

Goodwin

Founders Alert: Climate Tech Funding Outlook for 2023

Goodwin on

Despite the uncertain atmosphere with the collapse of Silicon Valley Bank and a drop in venture capital funding last year, the end of 2022 closed out another marquee year for state and private funding of climate technology...more

BakerHostetler

Bipartisan Bill Seeks Further Tax Incentives for Carbon Capture and Utilization Projects

BakerHostetler on

On Feb. 28, the Captured Carbon Utilization Parity Act (CCU Parity Act) was introduced by Sen. Sheldon Whitehouse, D-R.I., and Sen. Bill Cassidy, R-La. The CCU Parity Act would increase the tax credit available for carbon...more

(ACOEL) | American College of Environmental...

The U.S. Government Gets Serious on Climate Change

During a pandemic paper purge, I found a corporate newsletter showing me and my boss, George David, then CEO of United Technologies Corporation, at the Earth Technologies Forum admiring a display captioned “Why is UTC a...more

BakerHostetler

New CCUS Regulatory Handbook a Practical Guide for Stakeholders, Practitioners and Policymakers

BakerHostetler on

Carbon capture, utilization and storage (CCUS) is primed to play a crucial role in setting the global energy system on a path to net zero. As a result, the United States has endeavored to incentivize investment in large-scale...more

Bricker Graydon LLP

Inflation Reduction Act: Direct payments to nonprofits and political subdivisions for clean energy projects

Bricker Graydon LLP on

President Biden signed the Inflation Reduction Act (IRA) into law on August 16, 2022. While we all await regulatory guidance from agencies charged with implementing the IRA, one thing is abundantly clear: the IRA provides...more

Eversheds Sutherland (US) LLP

Treasury and the IRS provide initial guidance on section 48C ITC for manufacturers

On February 13, 2023, the Department of Treasury (Treasury) and the Internal Revenue Service (IRS) issued Notice 2023-18 (Notice), which establishes the program to allocate $10 billion of tax credits that were added by the...more

White & Case LLP

The decisive decade: The race to net zero gets underway

White & Case LLP on

Sustainable energy companies from renewable natural gas to renewable methane are being bought up by oil & gas super-majors, whose balance sheets have expanded thanks to the surging price of energy and fossil fuels in the past...more

Holland & Knight LLP

DOE Loan Programs Office: 2023 Updates, Overview and Key Insights

Holland & Knight LLP on

Following the first two years of the Biden Administration, and fresh off of the successful passage of the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA), the U.S. Department of Energy Loan...more

Goldberg Segalla

You’ll Soon Be Getting Your Mail Delivered by Electric Vehicles

Goldberg Segalla on

Biden administration officials announced on December 20, 2022, that the U.S. Postal Service intends to purchase over 66,000 electric vehicles by 2028, which would create one of the nation’s largest electric fleets in an...more

Stinson LLP

Environmental Wrap-Up 2022 and What to Expect in 2023

Stinson LLP on

This alert looks at developments in environmental law that were at the forefront in 2022; the trend is expected to continue into 2023 as the Biden administration continues to act on its regulatory initiatives in the energy...more

Brownstein Hyatt Farber Schreck

Tax Credit and Grant Opportunities in the Inflation Reduction Act

On Aug. 16, 2022, President Joe Biden signed the $750 billion Inflation Reduction Act (IRA) into law. Originally introduced as the Build Back Better Act in September of 2021, this cornerstone of the Biden legislative agenda...more

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