News & Analysis as of

New Legislation Climate Change Forestry

Beveridge & Diamond PC

Congress Eyes Sweeping Changes to Carbon and Biomass Incentives: 45Q Tax Credit Reforms, New Biochar Program, and Forest Residues...

Beveridge & Diamond PC on

Senate Draft of BBB Would Standardize and Reduce Value of 45Q Credit, Diminishing Incentives for Long-Term Carbon Storage - The Senate’s draft of the “One Big Beautiful Bill” (BBB) proposes several material changes to...more

Beveridge & Diamond PC

Maine Enacts New Reporting Requirement for Landowners Enrolled in Forest Carbon Credit Initiatives

Beveridge & Diamond PC on

On May 23, 2025, Maine’s Governor Janet Mills signed into law “An Act to Require Landowners to Report Their Participation in a Forest Carbon Program or Project” (H.P.3 – L.D. 39; codified at 12 MRSA § 8881, sub-§2-A-C; 12...more

Schwabe, Williamson & Wyatt PC

SB 1534 – Carbon Sequestration ‎

Senate Bill 1534 would establish a state policy of increasing carbon sequestration in natural and working lands and waters and require the State Department of Forestry, the State Department of Agriculture, the Oregon...more

Best Best & Krieger LLP

Four New California Cap and Trade Bills Fund Programs

$900 million in appropriations for fiscal year 2016-17 - With California’s cap and trade program suffering from legal challenges, decreasing auction revenue and general criticism of the program’s effectiveness, Gov....more

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