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On June 3, 2023, President Biden signed into law the Fiscal Responsibility Act of 2023 (“the Act”), which includes modest changes to the National Environmental Policy Act (“NEPA”), among other things.
V&E Energy Infrastructure Update
On May 25, 2023, the Supreme Court of the United States issued its decision in Sackett v. EPA,1 clarifying and narrowing the reach of federal jurisdiction under the Clean Water Act.
Tackling the challenges presented by climate change cannot be successfully navigated without due consideration paid to the biodiversity crisis.
Environmental Justice (“EJ”) continues to be a strong focus of both the federal and state governments with two major developments occurring in the past two weeks.
At long last, the U.S. Environmental Protection Agency (“EPA”) is poised to grant Louisiana authority to issue Class VI permits under the federal Safe Drinking Water Act’s (“SDWA”) Underground Injection Control (“UIC”) program for long-term carbon capture and sequestration (“CCS”).
V&E Environmental Update
The EPA (or “Agency”) is seeking public input and data regarding the potential future designation of seven per- and polyfluoroalkyl substances (“PFAS”) under the Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”).
The Environmental Protection Agency (“EPA”) has proposed regulating six per- and polyfluoroalkyl (“PFAS”) in drinking water under the Safe Drinking Water Act (“SDWA”).
Welcome to Vinson & Elkins’ Securities and ESG Updates.
V&E Securities & ESG Update
In steering their companies through a complex, ever-changing era of corporate citizenship, general counsels face economic headwinds — and relentless pressure to evolve.
Published in Westlaw Today, Thomson Reuters, March 20, 2023
Recent announcements by the EPA provide some insight into its administration of the Inflation Reduction Act’s Greenhouse Gas Reduction Fund
On November 28, 2022, the Council of the European Union (“EU”) approved the Corporate Sustainability Reporting Directive (“CSRD”), following adoption of the CSRD by the EU Parliament on November 10, 2022 — a major move toward establishing a new sustainability reporting system in Europe.