Energy & Sustainability

This alert discusses what companies outsourcing critical business process functions to India should do in light of the Indian government’s order that telecom, IT, and other technology companies should, as far as possible, work from home.

This article reviews guidance issued Friday, March 13, 2020 by the SEC’s Division of Corporation Finance to help public companies manage their upcoming annual meeting processes in light of COVID-19.

Our March 2020 newsletter covers the Massachusetts component of the Transportation and Climate Initiative (TCI) and features Oberon Fuels, a company producing ultra-low carbon and carbon-negative fuels.

Read the latest energy policy updates coming out of the Capitol, including updates on the president’s 2020 fiscal year budget request, new energy legislation, and the recent State of the Union Address.

This month, we are thrilled to feature Oberon Fuels, a company dedicated to decarbonizing the transportation sector by producing a range of ultra-low-carbon and carbon-negative fuels that are practical, economical, and sustainable alternatives to today’s fossil fuels.

Don’t miss this month’s exciting events in the energy and sustainability space.

In early February, the United Kingdom announced a new goal in its efforts to confront climate change: a ban on the sale of all new gas and diesel cars by 2035. The ambitious announcement is set to speed up the country’s timeline for addressing and reducing greenhouse gas emissions by five years, modifying the previous goal of a 2040 ban.

Read about recent M&A activity in the energy and sustainability space.

In Parts I and II of our series delving into the details of the Transportation Climate Initiative, we provided an overview and described the structure of the TCI. In Part III, we will discuss how the plan might look in one TCI jurisdiction, Massachusetts, and how the Commonwealth will prioritize investment of the proceeds from the initiative.

Read about Spring Lane Capital and its inaugural $156.5 million fund to finance sustainability projects in the energy, food, water, and waste industries.

Learn about upcoming energy industry events, including the Northeast Region Emissions Reduction Summit in Boston co-hosted by Mintz, The Brattle Group, and NECEC.

Read about recent M&A activity in the energy and sustainability space.

This issue covers news about Spring Lane Capital and its $156.5 million fund to finance sustainability projects as well as recent M&A activity, energy policy developments in DC & more.

Read about the House Democrats’ $760 billion infrastructure proposal as well as the CLEAN Future Act and other new energy legislation.

In Part I of our series on the Transportation Climate Initiative TCI, we provided an overview of this innovative program. Here in Part II, we will delve into how the initiative will work. As a regional policy, TCI will provide a framework for each state jurisdiction to implement in its own way. The recently released Framework for a Draft Regional Policy Proposal provides important insights into the way that the TCI could be structured in each state.

Read about new energy legislation in Congress, the extension of various federal energy tax provisions, and the swearing in of the new Secretary of Energy.

Read about Greentech Capital Advisors, a global investment bank focused on sustainable technology and infrastructure, and its plan to merge with Asia-headquartered financial services group Nomura.

Read about recent M&A activity in the energy and sustainability space.

On December 17, 2019, the United States House of Representatives voted to pass a $1.4 trillion spending package as an amendment to the Further Consolidated Appropriations Act, 2020 (H.R. 1865). The Taxpayer Certainty and Disaster Relief Act of 2019 amendment, which included several energy-related tax provisions and extensions, was added to the end of the bill and unveiled just days before Congress was set to adjourn for the year.

On December 17, 2019, thirteen jurisdictions in the Northeast and Mid-Atlantic United States officially issued an ambitious plan to combat climate change by reducing carbon emissions and investing in sustainable transportation infrastructure. The plan, entitled the Transportation and Climate Initiative (TCI), which has taken nearly a year to be drafted, is the first inter-state initiative of its kind and, if implemented, would drastically change the face of transportation along the East Coast.

In this first installment of a four-part series on the TCI, we will provide a comprehensive overview of the initiative and explain its aims. Subsequent installments will cover the initiative’s structure, the plan for Massachusetts, and potential challenges to implementation.