We previously reported on New York State’s enactment of the Climate Change Superfund Act (the “Climate Superfund Act” or the “Act”), groundbreaking legislation that seeks to recover $75 billion from fossil fuel producers for...more
Welcome to Edition 24 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). Wishing you a belated Happy and Prosperous Year of the Snake. P2N0 identifies significant news items globally,...more
President Trump began his second term by issuing a barrage of executive orders, memoranda, and other directives, many of which targeted U.S. energy policy and the federal employees who implement it. Trump had campaigned on...more
Last week, we posted about New York State’s enactment of the Climate Change Superfund Act. We promised to continue to monitor developments concerning climate superfund legislation and to update readers as necessary. It’s been...more
Welcome to the twenty-second edition of P2N0 providing our take on the key news and themes arising during 2024. On January 19, 2025, the twenty-third edition of P2N0 will be published, covering key news items arising during...more
President Trump’s reelection sent shockwaves through the renewable energy community. With campaign pledges to dismantle Biden-era climate programs funded by the Inflation Reduction Act and the Bipartisan Infrastructure Law...more
The Massachusetts Commission on Energy Infrastructure Siting and Permitting published its report making recommendations to Governor Maura Healey on clean energy infrastructure siting and permitting reform. Governor Healey...more
California Independent System Operator (CAISO) released its draft 2023-2024 Transmission Plan (the 2023-2024 Plan) on April 1, 2024. As expected, the 2023-2024 Plan incorporates projections for significant new generation of...more
On February 20, 2024, the European Union (EU) announced a provisional political agreement to establish an EU-wide framework for voluntary certification of carbon dioxide removal (CDR) projects. This announcement, which marks...more
Good morning! 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
There is a growing awareness and demand in the UAE for sustainable investment opportunities. To meet this demand, Jodi Norman and Will Tunstall-Prince explain how recent reforms are now putting sustainable finance at the...more
The UAE published its long-awaited hydrogen strategy last week, aiming to outline the key steps needed to position the UAE as a top global producer of low carbon hydrogen by 2031 and to support the UAE’s announced target of...more
According to the 2022 World Energy Outlook of the International Energy Agency, the industry sector generates 45 percent of the total direct emission from end-users and it will be extremely difficult to reach net zero without...more
Chevron Doctrine - The Chevron Doctrine -- what is often referred to as “Chevron deference” – is based on the precedent set by the Supreme Court about four decades ago, which some argue has overly empowered the...more
The California State Senate and State Assembly recently approved two bills, Senate Bill 253 and Senate Bill 261, that could require thousands of companies doing business in California to disclose greenhouse gas ("GHG")...more
Until now, however, no comprehensive estimate existed of the of that opportunity, (or, to put it another way, the size of the financing gap between committed spending and the investment needed to deliver Net Zero by 2050...more
Nach der Entscheidung des Bundesverfassungsgerichts soll der Bundestag nun nach der parlamentarischen Sommerpause im September über das auch als Heizungsgesetz bezeichnete Gesetz “zur Änderung des Gebäudeenergiegesetzes, zur...more
The Biden administration (the Administration) has set ambitious goals to reduce U.S. greenhouse gas emissions to at least 50% below 2005 levels by 2030 and to reach net-zero emissions by 2050. To achieve these ends, the...more
Options to cap and cut emissions from the Canadian oil and gas sector were proposed by Environment and Climate Change Canada (ECCC) in July 2022. Reducing oil and gas sector emissions is necessary for Canada to achieve its...more
On September 8, the White House published a report (“Climate-Crypto Report”) on Climate and Energy Implications of Crypto-Assets in the United States, which was followed by a detailed Fact Sheet summarizing the findings in...more
The U.S. Supreme Court’s recent decision in West Virginia v. Environmental Protection Agency (EPA) curtailed the agency’s authority to regulate emissions from power plants through rules shifting electricity generation from...more
Those wondering what states can do to at least partially ameliorate the impacts of West Virginia v. EPA need look no farther than Massachusetts, which issued its Clean Energy and Climate Plan for 2025 and 2030 the same day...more
White & Case Tokyo office's Webinar series is bringing together the Firm's partners and industry experts to explore how digital transformation (or DX) and green energy transformation (or GX) are likely to affect strategic...more
In November 2021, “[t]he United States House of Representatives passed the Infrastructure Investment and Jobs Act, a once-in-generation bipartisan infrastructure bill that will create millions of jobs, turn the climate crisis...more
The Energy and Environment and Climate Change Subcommittees of the United States House of Representatives Committee on Energy and Commerce held a hearing on November 16th titled: Securing America’s Future: Supply Chain...more