Photo of Scott A. Anthony

Scott Anthony is a partner in the firm’s Silicon Valley office.  He advises public and private companies, investment funds and entrepreneurs on corporate governance, mergers and acquisitions, venture capital investments, strategic investments, joint ventures and other transactional matters.  Mr. Anthony’s practice focuses on companies with connections between China and the US.  It includes inbound and outbound cross-border acquisitions and strategic investments between US and China based companies, financing of venture backed companies based in China and the US and joint ventures with China based partners.

On March 8-9, 2018, a bespoke group of approximately 200 leading entrepreneurs, investors and advisors focused on deploying and commercializing cutting edge technologies gathered in Monte Carlo from across the globe for the 11th annual CleanEquity® Monaco Conference.  Complementing other plenary sessions and emerging company presentations, the conference initiated a new feature — Covington CleanEquity Conversations — intended to capture and memorialise the unique thought leadership opportunity presented by the gathering in Monaco. On the first day, conference participants separated into three breakout groups for Chatham House Rule discussions curated by partners from the international law firm Covington & Burling LLP of three critical issues confronting cleantech deployment and commercialisation:

  • AI and IoT – Benefits, Risks, and the Role of Regulation
  • Sustainability – What goals should businesses prioritise and what are the right metrics?
  • Will market driven innovation alone save us from climate change?

On the second day, the Covington team reported in the conference’s final plenary session key takeaways from the three breakout group discussions.  Covington and CleanEquity organizer and specialist investment bank, Innovator Capital, are pleased to share brief summaries of the thought leadership developed by the proceedings of conference participants on each of the three topics.
Continue Reading Covington CleanEquity Conversations: Will Market Driven Innovation Alone Save Us from Climate Change?

On March 28, 2014, the White House released its “Climate Action Plan – Strategy to Reduce Methane Emissions.”  The plan summarizes the Administration’s strategy to reduce methane emissions from several sources.  The strategy includes proposing new standards, new rules, new voluntary strategies and programs and new regulations.   The plan outlines measures to reduce emissions and to improve measurement of sources and emissions.

According to the plan, Methane has a global warming potential more than 20 times greater than that of carbon dioxide, per metric ton.  On that basis, methane makes up almost 9% of all the greenhouse gases emitted as a result of human activity in the United States.  Although in the United States methane emissions have decreased by 11%, they are projected to increase from the current carbon dioxide equivalent of 560 million tons in 2012 to over 620 million tons in 2030 absent additional action to reduce emissions.  The main sources of human-related methane emissions are agriculture with 36%, natural gas systems with 23%, landfills with 18%, coal mining with 10%, petroleum systems with 6%, and wastewater treatment with 2%.

Reducing Emissions:

The plan anticipates a number of initial information gathering activities this spring and summer with the results being published in the fall.  Any final rulemakings would be completed by the end of 2016.


Continue Reading White House Releases Strategy to Reduce Methane Emissions

This month, the EPA announced that it is improving the petition process for obtaining approval of new renewable fuel pathways.  When the initial pathways were approved, there was recognition that a process must be in place to evaluate improvements in existing processes and entirely new pathways.  The Renewable Fuel Standard regulations specify the existing approved