The U.S. Treasury Department has issued final regulations for clean hydrogen production tax credits, which may significantly impact the renewable energy sector. These regulations implement the Section 45V clean hydrogen tax credit. Critical to developers of hydrogen production projects, they determine the requirements to qualify for the Section 45V credit and resolve disagreements over how
As a new administration takes office in 2025, several new energy policy trends are expected to emerge, reflecting the inherent tension that often exists between political desires and economic realities. For example, while the incoming Trump administration has expressed a desire to claw back subsidies made available under the Inflation Reduction Act (IRA), Republican states
Amid escalating tensions in the tech and trade war between the United States and China, the latter has announced a ban on the export of certain rare minerals to the United States.[1] These minerals, including gallium, germanium, and antimony, are crucial for manufacturing defense technologies like tanks and military communications, advanced technologies such as
Act 2 has been on the books since 1995. UECA was adopted in Pennsylvania at the end of 2007. More than a few UECA covenants have been recorded as parts of Act 2 cleanups. Nevertheless, research has not revealed any decision of any Pennsylvania state or federal court or of the Environmental Hearing Board deciding
Erick Hernández Gallego, co-chair of GT’s Mexico City Energy & Natural Resources Practice and chair of the Mexico City Environmental Practice, is quoted in an ICC Mexico press release on the 2024 UN Climate Change Conference (COP29), held in Baku, Azerbaijan. Erick notes that the agreements reached in Baku also left several challenges for Mexico, where decarbonization could
Montana is among the states with a constitutional provision recognizing a right to environmental quality, in its case to a “clean and healthful environment.” Mont. Const. art. II, § 3. It further requires the state to take steps to “maintain and improve a clean and healthful environment.” Mont. Const. art. IX, § 1. On Dec.
The Nov. 5 election was not a good day for supporters of the current structure of environmental regulation. While I doubt that the burdens of environmental regulation figured prominently in the decision of many to vote for Republicans that day, one cannot doubt that at least some within the incoming national administration would like to
On Dec. 5, 2024, the California Air Resources Board (CARB) issued an enforcement notice (Notice) regarding Senate Bill (SB) 253, the Climate Corporate Data Accountability Act. In the Notice, CARB stated it will not enforce penalties against entities acting in good faith for “incomplete reporting” violations in the first reporting cycle.
This GT Alert highlights significant environmental developments in Latin America from September to October 2024.
Jeffrey Chester, global co-chair of Greenberg Traurig’s Energy Project Finance & Development Practice, is co-hosting a webinar with Marathon Capital and Crux Dec. 17, 2024, at 1 p.m. ET. The event will feature an insightful panel discussion on the state of the renewable energy market, trends and what to expect in 2025.