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In adopting a new plan to restrict the sale of new gasoline-powered cars and light trucks beginning in 2026—and to ban their sale entirely by 2035—California has redoubled its commitment to electric-vehicle transportation. A major milestone in the transition to a carbon-neutral economy, the plan has made headlines nationwide, and rightly so.
It has been over a year since the Colonial Pipeline cybersecurity incident, and the Department of Homeland Security’s Transportation Security Administration (“TSA”) continues to issue cybersecurity directives to owners and operators of critical pipelines and liquified natural gas facilities.
On March 9, 2022, the Securities and Exchange Commission (“Commission”) issued its much-anticipated proposed rule amendments which would mandate certain cybersecurity disclosures for public companies (“Proposed Rules”).
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.
As the energy industry transitions to renewables, private investment trends remain dynamic.
In recent years, shareholder activists have shied away from the energy sector. Not anymore: As of the end of June, as many as fourteen 13D filings involving energy companies had been filed over the course of the previous twelve months. Stephen Gill, who concentrates his practice on M&A, has represented publicly traded energy companies involved…