This blog is the eighth in a series, “The ABCs of the AJP.”

The latest Energy Transition technology now attracting massive investment and policy attention is “green hydrogen” produced using renewable energy to separate hydrogen from water that can be used both for bulk energy storage and then used to fuel gas-fired power plants or hard-to-abate sectors such as manufacturing, shipping and long-haul trucking.   President Biden’s American Jobs Plan matches that level of investment and attention by proposing 15 decarbonized hydrogen demonstration projects in distressed communities and by including hydrogen among an additional $15 billion increase in funding for climate R&D priorities.  The AJP also includes an expansion of production tax credits for energy storage, that has led to the introduction of at least one bill — SB 1017 – endorsed by the American Clean Power Association proposing a $3/kg tax credit for green hydrogen.
Continue Reading Hastening the Hydrogen Economy

This blog is the third in a series, “The ABCs of the AJP.”

An animating principle of President Biden’s American Jobs Plan (AJP) is the urgency to address climate change.  But a cross-current is competition with China.  This comes through not as subtext, but as the stated purpose.  According to the White House, “the President’s plan will unify and mobilize the country to meet the great challenges of our time: the climate crisis and the ambitions of an autocratic China.”


Continue Reading The Climate Crisis and China

The election of President Joe Biden in the US and the fast-approaching COP26 have focused minds on the importance of taking concrete steps to tackle climate change. This week has been an important part of the build-up to Glasgow and has witnessed a number of important climate change events. The European Commission released its Draft Taxonomy Climate Delegated Act, under the Taxonomy Regulation.  The US hosted the Climate Change Leaders Summit.  The banking sector launched two new net zero initiatives.  And the US, EU and UK have updated their emissions reductions targets.
Continue Reading A Week of Climate Action

The Biden Administration has signaled its willingness to resume the practice of including supplemental environmental projects (SEPs) in settlements by swiftly revoking Trump Administration memoranda which formally eliminated their use.  This is an important development that regulated entities can benefit from when they face investigations and enforcement proceedings.  Although further clarification from the Department of Justice is expected in this area, targets in potential enforcement actions can begin to prepare now.
Continue Reading New Environmental Enforcement Flexibilities in the Biden Administration: What you Can Do Now To Benefit from a Powerful Tool for Resolving Controversies

The Biden Administration has promulgated interim figures for the social cost of carbon (SCC), which will support key policy efforts in the next year until a final, revised figure can be established.
Continue Reading Biden Issues Interim Social Cost of Carbon, Paving the Way for A Climate Agenda