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The hydrogen industry is starting 2025 on a brighter note after what has been described by the industry as a “blank year”. Since 2021, France has planned to give a financial aid to selected producers of renewable and...more
Just before Christmas, France took another major step forward in its decarbonization strategy with the launch of the competitive bidding procedure designed to award financial support for the production of renewable or...more
On January 10, 2024, the Department of the Treasury (“Treasury”) published the final regulations governing the section 45V Clean Hydrogen Production Tax Credit (“Final Regulations”). The Final Regulations tackle many of the...more
On Friday, August 2, 2024, Law No. 14.948/2024 was sanctioned and published, establishing the legal framework for low-carbon hydrogen in Brazil. This legislation, dedicated exclusively to the regulation of one of the main...more
Green hydrogen is often hailed as a critical part of the low-carbon energy future – and Africa as the continent where that future will be realised. But while the opportunity for Africa is clear, the task of maximising its...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 week and forthcoming climate-related events and hearings...more
The Middle East’s ambitions for achieving Net Zero mean there is a wealth of opportunity for projects aimed at reducing carbon emissions. However, these projects will require careful navigation of the growing labyrinth of...more
Asia is at the forefront of the global challenge to balance economic development, climate adaptation and mitigation, and energy security. The region is diverse, dynamic and pragmatic, facing both the risks and opportunities...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
The UK Climate Change Committee (CCC) recently released its 2023 statutory report, evaluating the UK’s progress towards reducing greenhouse gas emissions and meeting carbon reduction targets. This report, mandated by the...more
Renewable fuels of non-biological origin would play an expanded role in satisfying EU decarbonisation targets. The European Council has formally endorsed the proposed amendments to Directive (EU) 2018/2001 on the...more
Germany has finally published draft guidance on the long-awaited (Carbon) Contracts for Difference (or "CfD"). The first CfDs, previously announced in the European1 and German National2 Hydrogen Strategies of 2020, are...more
Already for a while the European Commission was expected to adopt delegated acts on the basis of the so-called Renewable Energy Directive II (“RED II”) which determine specific criteria in relation to renewable transport...more
In the closing weeks of 2022, the California Air Resources Board (“CARB” or “Board”) approved its final 2022 Scoping Plan, which sets forth a detailed roadmap to accelerate the reduction of greenhouse gas (“GHG”) emissions in...more
On November 3, 2022, Pennsylvania Governor Wolf signed House Bill 1059, which amends the Commonwealth’s Tax Reform Code and, among other things, establishes the Pennsylvania Economic Development for a Growing Economy (“PA...more
The Natural Resources Defense Council and 25 other environmental and climate advocacy organizations (collectively, “NRDC”) submitted November 4th comments to the United States Department of Treasury’s Internal Revenue Service...more
As the world increasingly commits to climate action, and governments and companies pledge net-zero emissions by or before 2050, it is clear that demand for hydrogen, an essential element of a low-carbon economy, is going to...more
On September 14, 2022, the European Parliament (the Parliament) adopted its position on revised amendments to the Renewable Energy Directive (Recast) 2018 (RED II), amongst other things, proposing requirements for renewable...more
Wilson Sonsini’s Energy and Climate Solutions group celebrates the historic passage of the energy and climate provisions of the Inflation Reduction Act of 2022 (IRA). Like our clients, we are mission-driven and laser-focused...more
The U.S. Congress has passed, as of today, the Inflation Reduction Act (IRA or the “Act”), which is expected to be signed into law by President Joe Biden very soon....more
CARB doubles down on LCFS Program and liquid transportation fuels. On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update (Draft Scoping Plan) for public review and...more
Carbon Capture, Utilization, and Storage (CCUS) and clean hydrogen will play a significant role in the Administration’s efforts to address hard-to-decarbonize industries to promote clean US manufacturing. On February 15,...more
Latin America is well positioned for a strategic role as a hub for the production and utilization of low-carbon hydrogen in the global energy transition. Low-carbon hydrogen is set to play a key role in the...more
The new federal government has presented ambitious framework conditions for decarbonizing the German economy through hydrogen, aiming to position Germany at the center of a global hydrogen economy. German industry expects...more
The strategy sets out plans to reduce emissions from key sectors of the UK economy to ensure that the UK remains on track for net zero by 2050. On 19 October 2021, the UK government published its climate change strategy,...more