Can project finance lenders bring claims under investment treaties?
At long last, the IRS has proposed regulations governing expanded tax credits for capturing carbon oxide (CO) before it enters the atmosphere.
On Friday April 17, 2020, the New Mexico State Land Office (“NMSLO”) held a virtual public hearing on its proposed amendment to the previously expired Section 188.8.131.52 of the New Mexico Administrative Code (the “Proposed Rule”), which would allow qualifying lessees of New Mexico state oil and gas leases to temporarily suspend production for up to two years without losing their leases.
On March 27, 2020, the U.S. District Court for the Northern District of California granted the Bureau of Land Management’s (“BLM”) motion for summary judgment, upholding the agency’s decision to rescind, or roll back, hydraulic fracturing regulations finalized during the Obama Administration (the “2015 Rule”).
Factory shutdowns in China (the world’s largest solar module and panel manufacturer), together with various other restrictions imposed by government authorities worldwide as a result of the outbreak of COVID-19, are having a significant impact on the ability of suppliers of critical equipment for solar developments to perform obligations under supply agreements.