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Our colleagues in the environmental practice discuss recent US regulatory and legislative developments addressing climate change and renewable energy. They highlight the success in California as a possible model for the United States. Read the Law360 article.
Vineyard Wind has received approval from the Bureau of Ocean Energy Management (BOEM), the US Army Corps of Engineers, and the National Marine Fisheries Service for its 800 megawatt offshore wind farm located about 15 miles off the coast of Martha’s Vineyard. The approval is likely to facilitate the development of additional projects and has been touted as helping achieve President Biden’s ambitious climate change goals.
Read a LawFlash published by our colleagues in the tax practice, explaining the implications of the new Consolidated Appropriations Act, 2021—which includes the Taxpayer Certainty and Disaster Tax Relief Act of 2020—on various industries, including the “green” energy and technology industries.
Our energy lawyers have prepared a LawFlash addressing the notice of proposed rulemaking (NPRM), “Update to the Regulations Implementing the Procedural Provisions of the National Environmental Policy Act,” published today in the Federal Register by the White House’s Council on Environmental Quality (CEQ).
The New Jersey Board of Public Utilities (BPU) approved applications submitted by PSEG Nuclear LLC seeking subsidies of up to $300 million annually, in the form of zero emission credits (ZECs), for PSEG’s Hope Creek and Salem 1 and 2 nuclear generating stations on April 18.