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The agreement promises to unlock market and investment opportunities and facilitate greater UK-EU collaboration....more
The main agreements reached by the international community at COP28 (Dubai, 2023) included decisions to phase out the use of hydrocarbons, committing countries to: a) transition away from fossil fuels to achieve net-zero...more
On February 26, 2025, the European Commission (the Commission) presented the Clean Industrial Deal (the Deal), an industrial strategy bringing together climate, circularity, and competitiveness. In order to foster growth and...more
In our recent article, UK energy: the new National Future System Operator and Clean Power 2030, we flagged the need to wait and see what approaches the Government proposed to take to implement the Clean Power 2030 initiative....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
In March 2023, a small plane took a 15-minute flight around an airfield in the US state of Washington. Despite the size of the aircraft and its brief time in the air, the flight was momentous: one of the plane's engines was...more
On April 4, 2024, the White House activated a much-anticipated program meant to catalyze private investment in clean technology across the United States. It will award $20 billion in grant funding to eight recipients under...more
When it comes to renewable energy, hydrogen is hailed as a pivotal resource in the zero-carbon game plan. Hydrogen energy is accessible, produces lower greenhouse gas emissions and can use existing gas infrastructure to power...more
Bipartisan Infrastructure Law & Inflation Reduction Act Opportunities - Visit our Energy Funding Matrix for a roundup of all of the various clean energy opportunities. We update the matrix on a biweekly basis and welcome...more
Background Offshore wind investments have become increasingly popular within the renewable energy sector due to the vital role they play in the global transition to clean energy. United States congress has created federal tax...more
The application cycle for the first round of credits will soon open. Treasury’s additional guidance clarifies what types of facilities may qualify for credits, the submission process and the selection criteria for evaluating...more
The Inflation Reduction Act of 2022 (IRA) reflects the Biden Administration’s attention to issues of environmental justice and environmental equity. The IRA, directly and indirectly, invests in environmentally overburdened...more
The Inflation Reduction Act was signed into law on Tuesday, August 16 and significantly advances the innovative financing method known as green banking. Here are three ways the Act furthers that investment technique in...more
Democrats Continue Push for Revised Build Back Better Act - With the window for action on a revised reconciliation bill to address Democratic climate and social policy goals quickly closing, Senate Majority Leader Charles...more
Last week, AIG significantly restricted its underwriting of and investment in fossil fuel projects. Specifically, it announced the following actions: With immediate effect, committed to no longer invest in or provide...more
The power and renewables industry is positioned for a sustained period of strong deal activity as the US focuses on hitting net zero carbon emissions by 2050 - Within six months of coming into office, President Joe Biden...more
Today, we issued a Client Alert summarizing the White House Climate Change Summit from last week. We are replicating it below for the benefit of our blog readers. President Biden hosted the Leaders Summit on Climate (Climate...more
The Problem: Finance Gap for Innovation Deployment - The last decade has seen tremendous innovations in cleantech that have not only brought new products, but also a fall in prices to consumers. For example, the average...more