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Jan 2, 2025 | 
jdsupra.com | Pamela Tsang Wu
In October 2023, California enacted AB 1305, the Voluntary Carbon Market Disclosures Act, as part of a trio of climate laws aimed at advancing transparency and integrity in decarbonization efforts. As businesses prepare for AB 1305’s January 1 compliance deadline, this article discusses the specifics of the law, its implications for business entities, and the challenges and opportunities it presents.
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Dec 13, 2024 | 
jdsupra.com | Pamela Tsang Wu
The US Department of Energy’s (DOE’s) Office of Clean Energy Demonstrations has announced initial funding awards for two additional regional clean hydrogen hubs, bringing the total number of regional hydrogen hubs with initial funding awards to five. The regional hydrogen hubs are expected to create networks of hydrogen producers, consumers, and local connective infrastructure and accelerate the use of hydrogen as a clean energy carrier.
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Oct 4, 2024 | 
lexology.com | Pamela Tsang Wu |Levi McAllister |Stacie R. Hartman |Patrick Pennella
The Commodity Futures Trading Commission (CFTC) announced its first actions for fraud in the voluntary carbon markets (VCMs) on October 2, 2024. These enforcement actions demonstrate the CFTC’s continued focus on the integrity of the VCMs and the voluntary carbon credits (VCCs) transacted in those markets.
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Jun 3, 2024 | 
jdsupra.com | Levi McAllister |Patrick Pennella |Pamela Tsang Wu
The Biden administration released the Voluntary Carbon Markets Joint Policy Statement and Principles on May 28, 2024, which outlines principles for adoption to build high-integrity voluntary carbon markets (VCMs). This VCM policy statement signals a commitment to addressing the existing challenges with the VCMs and provides guidance on responsible VCM participation. VCMs offer a voluntary mechanism for individuals, businesses, and nonprofit organizations to offset carbon dioxide emissions.
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Apr 15, 2024 | 
jdsupra.com | Pamela Tsang Wu
As the hydrogen industry continues to develop and evolve, many industries, including the manufacturing, transportation, construction, industrial, and retail industries have transitioned parts of their operations to incorporate hydrogen and fuel cell technologies. The demand for hydrogen exists. More and more companies use hydrogen fuel cell powered material handling equipment such as forklifts, airport tugs, and wheel loaders.
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Apr 12, 2024 | 
lexology.com | Pamela Tsang Wu
As the hydrogen industry continues to develop and evolve, many industries, including the manufacturing, transportation, construction, industrial, and retail industries have transitioned parts of their operations to incorporate hydrogen and fuel cell technologies. The demand for hydrogen exists. More and more companies use hydrogen fuel cell powered material handling equipment such as forklifts, airport tugs, and wheel loaders.
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Jan 2, 2024 | 
lexology.com | Pamela Tsang Wu |J. Daniel Skees |Erin E. McClelland
The US Federal Energy Regulatory Commission (FERC) issued a notice of inquiry (NOI) in December 2023 seeking comments on whether and, if so, how FERC should revise its policy on providing blanket authorizations for investment companies under Section 203(a)(2) of the Federal Power Act (FPA). This policy has permitted certain nonactive investors (such as mutual funds) to purchase and sell equity interests in utilities and holding companies without the typical FERC review of such investments.
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Dec 19, 2023 | 
jdsupra.com | Pamela Tsang Wu
As anticipated, the US Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE) issued a funding opportunity announcement (FOA) that focuses on advancing the fueling infrastructure for medium- and heavy-duty (MD/HD) vehicles and other heavy transportation applications. The FOA makes available up to $59 million in federal funding and adds hydrogen fuel-cell–powered port equipment as an additional topic of interest to the previously announced topics.
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Dec 11, 2023 | 
jdsupra.com | Levi McAllister |Sarah Riddell |Pamela Tsang Wu
The Commodity Futures Trading Commission (CFTC) issued proposed guidance on December 4 intended to increase the transparency and bolster the integrity of voluntary carbon credits that underlie derivative contracts subject to CFTC jurisdiction. The CFTC’s proposal is the latest effort in its push during 2023 to regulate the carbon markets.
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Nov 28, 2023 | 
jdsupra.com | Pamela Tsang Wu
The US Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE) announced on November 16, 2023 its intention to issue, on behalf of the Hydrogen and Fuel Cell Technologies Office, a funding opportunity announcement (FOA) that is expected to focus on advancing fueling infrastructure for heavy-duty (HD) vehicles and other HD transportation applications and addressing key challenges to siting, permitting, and installation.
