On August 7, 2022, the Senate passed the Inflation Reduction Act of 2022 (H.R. 5376) (the “Reconciliation Bill”) on a party line vote with the deciding vote cast by the Vice President. The Senate’s passage of the Reconciliation Bill likely satisfies the requirements for a Proposed Change in Tax Law, as defined under most tax
Readers of this blog may be interested in a new article from Water Finance & Management, A Legal History of PFAS. The article highlights the early discovery of certain PFAS, their toxicity and persistence, how the dangers of PFAS were exposed, and chronicles the early litigation and regulation, and the current state of PFAS
EPA’s standards for hazardous air pollutant (HAP) emissions from industrial boilers have been controversial for nearly two decades. Ever since EPA first proposed “maximum achievable control technology” (MACT) standards for boilers in 2003, which were then entirely vacated by the D.C. Circuit, each new iteration of the rule has raised new legal issues and often
The offshore wind industry stands to gain additional momentum this summer as the Inflation Reduction Act (IRA) moves through Congress to its anticipated passage. The budget reconciliation package associated with the bill continues to reflect a substantial investment in the further development of renewable energy measures, several of which relate to offshore wind and related
The property tax “open rolls” period is here for Louisiana taxpayers. This annual inspection period is important in any year, but this year early and appropriate action is critical in light of recent legislation that affects the process of appealing a valuation determination by a parish assessor.
The “open rolls” period in any Louisiana parish
The Inflation Reduction Act looks to accelerate the adoption of clean vehicles by reforming the related tax credits in a number of key ways. Specifically, the bill does the following.
The UK’s Financial Conduct Authority (“FCA”) and Financial Reporting Council (“FRC”) have published the findings of their respective reviews of the first batch of premium listed companies’ Taskforce on Climate-related Financial Disclosures (“TCFD”)-aligned disclosures (the “Reports”). The FCA’s review involved a relatively high-level quantitative assessment of climate-related disclosures made by 171 premium listed companies, and
The State Water Resources Control Board (“State Water Board”) is in the final stages of developing a revised Statewide Construction Stormwater General Permit (“Construction Stormwater General Permit” or “Permit”). The State Water Board is currently accepting public comments on a limited set of revisions to the draft Construction Stormwater General Permit, has noticed one last
Oil and Gas Regulations: PA Governor Requests DEP Review of Well Plugging Law
On July 30, 2022, Pennsylvania Governor Tom Wolf issued a Notice of Bill Enacted without Signature in regard to the recently passed well plugging law, HB 2644. Gov. Wolf directed the Pennsylvania Department of Environmental Protection (DEP) to evaluate the oil
Communities interested in cleaner energy, as well as greater control over their electric supply and reliability, are increasingly turning to microgrids — miniature power systems that serve an individual facility or area with electricity, either on its own or in concert with a larger power grid. Typically, a microgrid consists of energy generation and energy