On March 6, 2024, the Securities and Exchange Commission (SEC) adopted by a 3-2 vote a series of new and extensive disclosure rules that will require all registered companies, including
Continue Reading SEC Adopts Comprehensive Package of Climate-Related Disclosure Rules; Scope 3 Emission Metrics ExcludedGreenhouse Gas
Clean Hydrogen Tax Credits: IRS Releases Proposed Treasury Regulations
The Internal Revenue Service (IRS) and U.S. Department of the Treasury (Treasury) issued proposed regulations, published in the Federal Register Dec. 26, 2023, applicable to clean hydrogen production facilities.…
Continue Reading Clean Hydrogen Tax Credits: IRS Releases Proposed Treasury RegulationsNew York Regulator Releases Draft Policy to Implement Environmental Justice Provisions of NY Climate Law
On Sept. 27, 2023, the New York State Department of Environmental Conservation (DEC) released a draft policy (DEP-23-1) to implement the environmental justice provisions of the Climate Leadership and Community…
Continue Reading New York Regulator Releases Draft Policy to Implement Environmental Justice Provisions of NY Climate LawThe Montana ‘Youth Climate Case’ and the Pa. Environmental Rights Amendment
On Aug. 14, a trial judge in Montana issued findings of fact and conclusions of law after a bench trial in what has been called the Montana “Youth Climate Case.”…
Continue Reading The Montana ‘Youth Climate Case’ and the Pa. Environmental Rights AmendmentIRS Establishes a Program to Allocate Credits to Qualifying Advanced Energy Projects
The Internal Revenue Service issued Notice 2023-18 establishing a program to allocate $10 billion of credits for qualified investments in eligible qualifying advanced energy projects under Internal Revenue Code Section…
Continue Reading IRS Establishes a Program to Allocate Credits to Qualifying Advanced Energy ProjectsInflation Reduction Act: EPA Invites Stakeholder Input on Grant/Technical Assistance Programs for Lower-Embodied Carbon Construction Materials, Standards
On Jan. 26, 2023, the Environmental Protection Agency (EPA) solicited public input to inform two new Inflation Reduction Act (IRA) programs creating standards and labeling for construction materials that have…
Continue Reading Inflation Reduction Act: EPA Invites Stakeholder Input on Grant/Technical Assistance Programs for Lower-Embodied Carbon Construction Materials, StandardsE2 Law Podcast: Episode 20 | Empire Environmental – Review of New York’s Cap-and-Invest Program to Reduce Emissions and Achieve Climate Goals
In this episode of Greenberg Traurig’s E2 Law Podcast, attorneys Steven Russo, Zackary Knaub, and Jane McLaughlin discuss New York State’s cap-and-invest program to limit greenhouse gas emissions…
Continue Reading E2 Law Podcast: Episode 20 | Empire Environmental – Review of New York’s Cap-and-Invest Program to Reduce Emissions and Achieve Climate GoalsE2 Law Podcast: Episode 19 | Empire Environmental – New York State Climate Action Council Plan to Reduce Carbon Emissions
Greenberg Traurig’s Steven Russo, Co-Chair of the Environmental Practice and the firm’s New York Environmental Practice, is joined by Shareholder Todd Kaminsky and Of Counsel Jane McLaughlin in the…
Continue Reading E2 Law Podcast: Episode 19 | Empire Environmental – New York State Climate Action Council Plan to Reduce Carbon EmissionsNew York State Climate Action Council Adopts Final Scoping Plan to Achieve Climate Goals
Now that the New York State Climate Action Council adopted the final scoping plan, the Climate Leadership and Community Protection Act requires the Department of Environmental Conservation to adopt regulations to enforce emissions mandates consistent with the Plan, which must be promulgated by Jan. 1, 2024. …
Continue Reading New York State Climate Action Council Adopts Final Scoping Plan to Achieve Climate Goals
California Air Resources Board Releases Updated 2022 Scoping Plan
On Nov. 16, the California Air Resources Board (CARB) released its updated 2022 Scoping Plan to outline policies and actions California proposes to reduce its dependence on fossil fuels…
Continue Reading California Air Resources Board Releases Updated 2022 Scoping Plan