The Environmental Protection Agency (“EPA”) has recently finalized volumes for compliance years 2020, 2021, and 2022 under the Clean Air Act (“CAA”)’s renewable fuel standard (“RFS”) program and took several other related regulatory actions.
Offshore wind developers have poured billions of dollars into securing leases in state and federal waters in recent months, with many more billions to be spent developing wind assets to support ambitious state and federal goals for the energy transition.
Vinson & Elkins’ counsel Zach Swartz sat down with Jill Malandrino on Nasdaq TradeTalks to answer climate risk questions and discuss opportunities for sustainable real estate in the energy transition.
On March 21, 2022, the SEC issued a Proposing Release setting out sweeping new requirements for climate change disclosures. If finalized as proposed, these climate disclosure rules would require dramatic changes to corporate climate disclosures.
Much has been said about the need for countries and companies to build a low-carbon global economy.
Even as supply chains face increased pressure due to COVID-19, the invasion of Ukraine by Russia, sanctions imposed upon Russia, and extreme weather, businesses continue to implement and develop Supplier Codes of Conduct in order to make their supply chains more ESG-compliant.
The Securities and Exchange Commission (“SEC”) released a proposed rule on March 21, 2022, that would require U.S. and foreign private issuers to provide certain climate-related information in their registration statements and annual reports.
The Net Zero Banking Alliance (“NZBA” or the “Alliance”) is a recent private sector collaboration convened with United Nations support.
On March 8, 2022, the Science Based Targets initiative (“SBTi”) announced that it would “no longer accept commitments or validate targets from fossil fuel companies” until it completes development of sector-specific criteria for such targets.
On February 15, 2022, the Biden administration announced a slew of low carbon emissions initiatives for the industrial sector in support of the administration’s goal to achieve a net-zero economy.
The world is embarking on what may be one of the greatest transformations since the Industrial Revolution. Over the next three
decades, countries and companies could spend tens of trillions of dollars to build a low carbon global economy.