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Power-to-liquids technology can accelerate aviation’s decarbonization journey.
Hydrogen can play a vital role in the transition to a carbon-neutral economy, and momentum for it has never been stronger. Since the passage of the Inflation Reduction Act, both governments and companies see the enormous potential of low-carbon hydrogen for storing energy, for powering a wide array of applications, and for reducing greenhouse gas emissions, especially where doing so has proven difficult.
The U.S. Environmental Protection Agency (“EPA”) has proposed substantial changes to its Risk Management Program (“RMP”) regulations aimed at preventing chemical facility accidents, a move that will affect industrial facilities that handle threshold amounts of regulated chemicals.
V&E Environmental Update
The Biden administration is working to shake up American antitrust enforcement with new policies and new faces in key roles at the Federal Trade Commission and the U.S. Department of Justice
Published by Law360
Antitrust activity in the energy and chemical sectors was steady and robust in 2020. Even though U.S. antitrust agencies witnessed the first year-over-year drop in total merger activity since 2012, the agencies investigated more transactions in the energy and chemical industries than in 2019.
V&E Antitrust Update
Late last year, a long-running effort to build a state-of-the-art anhydrous ammonia plant at an industrial chemical site in Texas City, Texas, reached a major milestone. Gulf Coast Ammonia LLC (GCA) closed on an approximately $570 million non-recourse project financing, as well as an equity commitment from joint venture partners Starwood Energy Group Global LLC…