Verra Announces Public Consultation on Proposed Approach to Third-Party Crypto Instruments and Tokens
Clean Energy Law Report
by Latham & Watkins LLP
10M ago
A major voluntary carbon standard invites comments on linking carbon credits with crypto instruments and tokens, highlighting emerging questions around blockchain transactions in voluntary carbon markets. By JP Brisson, Michael Dreibelbis, Brett Frazer, and Nick Eberhart On August 3, 2022, Verra, a voluntary carbon standard, announced it was opening a public consultation process on its proposed approach to third-party crypto instruments and tokens.[1] The 60-day consultation began on August 3 and will close on October 2, 2022. Verra is seeking public input on a proposal to permit tokenization ..read more
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CEQA Case Report: 2021 Year in Review
Clean Energy Law Report
by Latham & Watkins LLP
1y ago
Public agencies prevailed in 71% of CEQA cases analyzed. By James L. Arnone, Daniel P. Brunton, Nikki Buffa, Marc T. Campopiano, Peter J. Gutierrez, John C. Heintz, Lauren E. Paull, Aron Potash, Lucas I. Quass, Natalie C. Rogers, Jennifer K. Roy, and Winston P. Stromberg Latham & Watkins is pleased to present its fifth annual CEQA Case Report. Throughout 2021 Latham lawyers reviewed each of the 51 California Environmental Quality Act (CEQA) appellate cases, whether published or unpublished. Below is a compilation of the information distilled from that annual review and a discussion of the ..read more
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California Coastal Commission Concurs With BOEM’s Consistency Determination for Morro Bay WEA
Clean Energy Law Report
by Latham & Watkins
1y ago
The action marks the clearance of another significant hurdle toward BOEM’s offshore wind lease sales in federal waters offshore California, anticipated to occur this fall. By Nikki Buffa, Jennifer K. Roy, Janice M. Schneider, Brian McCall, and Julie Miles In the first half of 2022, the Bureau of Ocean Energy Management (BOEM) has moved swiftly toward the first offshore wind lease sales in California, currently anticipated to occur in the fall. BOEM has identified a total of five proposed leases across two areas — the Humboldt Wind Energy Area (WEA) and the Morro Bay WEA. In April 2022, BOEM is ..read more
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Interior Proposes First Renewable Energy Lease Sale in Federal Waters Offshore California
Clean Energy Law Report
by Latham & Watkins LLP
1y ago
The proposal would auction off almost 375,000 acres of the Outer Continental Shelf offshore California for wind energy development. By Nikki Buffa, Janice M. Schneider, Nathaniel Glynn, and Brian McCall On May 31, 2022, the Bureau of Ocean Energy Management (BOEM) published a Proposed Sale Notice (PSN) for a pair of renewable energy lease sales offshore California. The PSN — which is the third offshore wind auction under the Biden-Harris Administration — represents a major inflection point in the complex and sometimes contentious process to bring wind power to the Outer Continental Shelf (OCS ..read more
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California Air Resources Board Releases Draft Scoping Plan Update (Part 4)
Clean Energy Law Report
by Latham & Watkins
1y ago
CARB addresses California’s increasingly severe climate impacts. By Joshua T. Bledsoe and Kevin Homrighausen On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update (Draft Scoping Plan) for public review and comment. Assembly Bill 32, the California Global Warming Solutions Act of 2006, requires CARB to develop and update every five years a scoping plan that describes the approach California will take to reduce greenhouse gas (GHG) emissions to achieve the goal of reducing emissions to 1990 levels by 2020. Senate Bill 32 subsequently strengthened ..read more
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California Air Resources Board Releases Draft Scoping Plan Update (Part 3)
Clean Energy Law Report
by Latham & Watkins LLP
1y ago
CARB doubles down on LCFS Program and liquid transportation fuels. By Joshua T. Bledsoe and Jennifer Garlock On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update (Draft Scoping Plan) for public review and comment. Assembly Bill (AB) 32, the California Global Warming Solutions Act of 2006 (AB 32), requires CARB to develop and update every five years a scoping plan that describes the approach California will take to reduce greenhouse gas (GHG) emissions to achieve the goal of reducing emissions to 1990 levels by 2020. Senate Bill (SB) 32 subseque ..read more
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California Air Resources Board Releases Draft Scoping Plan Update (Part 2)
Clean Energy Law Report
by Latham & Watkins LLP
1y ago
CARB opts to stay the course on Cap-and-Trade Program. By Joshua T. Bledsoe, Michael Dreibelbis, and Alicia Robinson  On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update for public review and comment. Assembly Bill (AB) 32, the California Global Warming Solutions Act of 2006 (AB 32), required CARB to develop a scoping plan, to be updated at least once every five years, that describes the approach California will take to reduce Greenhouse Gas (GHG) emissions to achieve the goal of reducing emissions to 1990 levels by 2020.  In develop ..read more
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California Air Resources Board Releases Draft Scoping Plan Update
Clean Energy Law Report
by Latham & Watkins LLP
1y ago
The Draft 2022 Scoping Plan Update takes an all-of-the-above approach to decarbonize California. By Joshua T. Bledsoe and Brian McCall On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update for public review and comment. Originally, the California Global Warming Solutions Act of 2006 required CARB to develop a scoping plan, to be updated every five years, that describes the approach California will take to reduce Greenhouse Gas (GHG) emissions to achieve the goal of reducing emissions to 1990 levels by 2020. Subsequently, Senate Bill 32 strengthe ..read more
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White House Announces New Initiatives and Guidance on Clean Energy Transition
Clean Energy Law Report
by Latham & Watkins LLP
1y ago
Carbon Capture, Utilization, and Storage (CCUS) and clean hydrogen will play a significant role in the Administration’s efforts to address hard-to-decarbonize industries to promote clean US manufacturing. By Janice Schneider, Nikki Buffa, and Kevin Homrighausen   On February 15, 2022, the White House announced important actions in furtherance of the Biden Administration’s broader decarbonization goals — this time with an eye towards clean domestic manufacturing. Framing the rollout, the White House released a fact sheet highlighting the Administration’s efforts for a “Cleaner Industrial S ..read more
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Biden Outlines Comprehensive Plan for Federal Sustainability
Clean Energy Law Report
by Latham & Watkins LLP
1y ago
The president’s executive order aims to use the US government’s procurement power to achieve “carbon pollution-free electricity” by 2030 and net zero emissions by 2050. By: Jennifer Roy, Julie Miles On December 8, 2021, President Biden issued an Executive Order on Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability (EO), which aims to set the federal government — the largest purchaser in the country with an annual purchasing power of $650 billion — on a path to net zero emissions by 2050. The EO establishes the following policies as part of a whole-of-government strategy ..read more
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