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 ExcludedGT Insight
Environmental Law and the Brownfield ‘Energy Community’ Clean Energy Tax Credit Bonus Under the IRA
The Inflation Reduction Act, Pub. L. No. 117-169, 136 Stat. 1818 (Aug. 16, 2022), among other things creates tax incentives for clean energy development. The IRA enhances those tax credits…
Continue Reading Environmental Law and the Brownfield ‘Energy Community’ Clean Energy Tax Credit Bonus Under the IRAIs One Dollar Enough Under CERCLA?
Many Superfund practitioners have spent years litigating cases in which a private plaintiff seeks to establish that defendants are liable for costs of responding to a Superfund problem and that…
Continue Reading Is One Dollar Enough Under CERCLA?5 Trends to Watch: 2024 Florida Environmental Issues
- Uptick in Redevelopment of Contaminated Sites – This trend is evident both for impacted sites in general and for those formally in the state of Florida’s (EPA) Brownfields Program, which provides
Some 2024 Resolutions for Environmental Lawyers
You are reading this column in the first days of 2024. This might be an apt opportunity in the “environmental practice” column to consider what we environmental lawyers ought to…
Continue Reading Some 2024 Resolutions for Environmental LawyersMonetizing Clean Energy Credits: IRS Opens Registration Portal
The Internal Revenue Service (IRS) opened the portal for taxpayers to register for elective payment (under Section 6417 of the Internal Revenue Code (Code)) or transfer (under Section 6418 of…
Continue Reading Monetizing Clean Energy Credits: IRS Opens Registration PortalClean 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 RegulationsCultivating Sustainability: European Commission Greenlights Italy’s EUR 1.7 Billion Agrivoltaic Initiative
On Nov. 10, 2023, the European Commission authorized a State aid scheme presented by Italy, earmarking EUR 1.7 billion to bolster agrivoltaic plants.
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Continue Reading Cultivating Sustainability: European Commission Greenlights Italy’s EUR 1.7 Billion Agrivoltaic InitiativeCommonwealth Court Offers Another Take on Valuing Contaminated Property
Intuitively, contamination reduces the value of property. But intuition does not count as evidence. The issues of how one proves that one ought to take a discount from a property’s…
Continue Reading Commonwealth Court Offers Another Take on Valuing Contaminated PropertyThe Last Year in CERCLA: Practitioners Should Take Note
I was asked earlier this month to condense into an eight-minute presentation what a particular group of senior environmental lawyers “ought to know about developments in Superfund since October 2022…
Continue Reading The Last Year in CERCLA: Practitioners Should Take Note