The SEC’s mandatory climate disclosure rule remains stayed pending the outcome of the current litigation in the Eighth Circuit. Recently, however, Republican SEC Commissioner Mark Uyeda suggested that the Trump administration...more
In the latest NEPA news, the Council on Environmental Quality (CEQ) published a notice in the Federal Register announcing the withdrawal of its interim guidance on “Consideration of Greenhouse Gas Emissions and Climate...more
On Monday, the U.S. Supreme Court announced that it will not hear an appeal from certain major oil and gas companies to dismiss a lawsuit by the city of Honolulu seeking to hold the companies responsible for the impacts of...more
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
This client alert provides a brief overview of President Biden’s recent decision to expand the ban on offshore oil and gas leasing, outlining its background, scope, and potential impact on the energy industry. Key...more
The White House announced on Monday that President Joe Biden would ban new offshore oil and gas drilling along most of the U.S. coastline. The order will protect 625 million acres of ocean along America’s Atlantic and Pacific...more
On January 6, President Biden announced an executive action affecting offshore drilling prior to the end of his term. Biden has issued a decree that will “permanently ban” new offshore oil and gas development in large...more
President Biden has repeatedly discussed the need to onshore or re-shore U.S. manufacturing to improve national security and competitiveness. The war in Ukraine and worldwide supply chain issues created by the COVID-19...more
Today, President Biden issued the first veto of his presidency. This action had been heavily telegraphed in advance and was widely expected. Nonetheless, this veto is extraordinarily significant....more
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
A recently-issued multi-agency report highlights a path for the U.S. government to replace fossil fuel-based jet fuel with renewable sources to address climate change and encourage infrastructure development. The U.S....more
President Biden is reportedly contemplating the declaration of a “national climate emergency” (NCE). According to his advisors, all options are on the table for the administration as it seeks to meet its ambitious climate...more
Yesterday, Sarah Bloom Raskin, who had previously served as a Federal Reserve governor and deputy Treasury secretary during the Obama administration, withdrew her nomination to be the Federal Reserve's vice chair of...more
The Biden Administration’s April 2021 pledge for new U.S. commitments to the Paris Agreement calls for an 80% reduction of electric power greenhouse gas emissions by 2030. The Administration also is committed to achieving...more
If 2020 was the year of the great energy disconnect, 2021 was the year the people carrying out the energy debate appeared to be living on different planets, floating aimlessly through time and space and never intersecting...more
The Biden administration's governmentwide approach to addressing climate change throughout all industries puts an unprecedented degree of pressure on traditional energy sources to prioritize innovation in order to sustain...more
Under the Biden Administration, environmental sustainability as a means to combat climate change has been thrust into the spotlight as an emerging national imperative. This was made clear through President Joe Biden's...more
Many stakeholders have called for the United States to adopt a carbon tax. Such a tax could raise billions of dollars in annual revenue while simultaneously reducing greenhouse gas emissions. Several carbon tax proposals were...more
Fulfilling one of his central campaign promises, President Biden signed a wide-ranging Executive Order last week addressing climate change through energy, infrastructure, national security, foreign affairs, and social justice...more
As expected, President Biden’s first days in office were marked by a number of executive orders and other actions aimed at unwinding Trump-era environmental policies. For example, President Biden rejoined the Paris Agreement,...more
Why the U.S. isn't in Desperate Need of the Keystone XL Pipeline - "U.S. President Joe Biden fulfilled a campaign promise by scuttling the 1,897-kilometre pipeline." Why this is important: While the rescission of the...more
This week, as part of a series of significant executive actions, President Biden issued an executive order directing the United States Department of Interior (DOI) to pause new oil and natural gas leasing on federal public...more
Among other broad policy objectives intertwined in President Biden’s “Executive Order on Tackling the Climate Crisis at Home and Abroad” is the direction to the secretary of the interior to “pause new oil and natural gas...more
Key Points - The Biden administration’s Day One climate actions have put traditional energy sources squarely in its crosshairs. In addition to rejoining the Paris Agreement, the administration paused the issuance of oil...more
Yesterday, President Biden hit the ground running on environmental policy, issuing an Executive Order on Protecting Public Health and the Environment and Restoring Science to Tackle the Climate Crisis. There’s a lot in it,...more