Insights on Energy & Cleantech

Join Matthew Nolan for the 12th SIPS Symposium on Sustainable Development.

Partner Sarah A. W. Fitts, International Bar Association Power Law Committee co-chair, was quoted on anticipated energy shortages and rising costs throughout Europe.

Projects that produce or recycle wind turbine blades, manufacture energy storage equipment, or refine or blend renewable or low-carbon fuels may qualify for up to a 30 percent tax credit under the Inflation Reduction Act (IRA). The IRA provides some significant wins for US manufacturers.

ArentFox Schiff is pleased to announce that 121 attorneys have been recognized by The Best Lawyers in America 2023, with an additional six attorneys highlighted as “Lawyers of the Year” and 40 attorneys listed as “Ones to Watch.”

This week, President Biden signed legislation designed to infuse billions of dollars into the economy to promote clean energy, manufacturing, and construction through a wide array of tax incentives and grants.

The Metaverse stands to disrupt nearly every industry – fashion, media and entertainment, real estate, sports, the list goes on – presenting immense possibilities and potential risks. We have created the ArentFox Schiff Industry Guide to the Metaverse to answer questions and anticipate concerns.

Today, President Joe Biden signed into law the Inflation Reduction Act of 2022 (the “Act”). Although the proposal further restricting the availability of long-term capital gain treatment with respect to carried interests ultimately was dropped from the final version of the bill.

The Inflation Reduction Act of 2022 (IRA), has several primary goals, including: promoting clean energy, manufacturing, and construction through a wide array of tax incentives and grants; and raising revenue through the primary mechanisms of a new corporate alternative minimum tax.

Regulators at all levels – federal, state, and local – seek to address climate concerns. On July 27, Washington, DC, joined localities banning natural-gas hookups when Mayor Muriel Bowser signed an ordinance limiting use of fossil fuels like natural gas in newly constructed buildings.

US Senate Democrats Chuck Schumer and Joe Manchin reached a compromise on the fiscal year 2022 budget reconciliation that includes $369 billion in new spending to spur clean energy and technology over the next decade. The bump in spending would be off-set by corporate tax changes.

Five Questions, Five Answers

In the inaugural Energy & Cleantech podcast series, Sarah A. W. Fitts speaks with We Took the Risk (Expected Publication - Fall, 2022) author and renewable energy thought leader Tom Weirich about the future of renewable energy and the characteristics needed to encourage innovation in the industry.

Sarah will be speaking about distributed energy generation to members of the ACC (Association of Corporate Counsel) on July 20, 2022.

Partner J. Michael Showalter was quoted on two impactful energy-related court rulings in the first half of 2022.

One of the US Supreme Court’s final opinions this term addressed US Environmental Protection Agency’s (EPA) authority to regulate greenhouse gases (GHGs) under the federal Clean Air Act (CAA).

The 2022 edition of Legal 500 US has rated 77 ArentFox Schiff attorneys as national leaders in their field. In addition, 19 of the firm’s practice areas were ranked among the best in the country.

Jane Montgomery will lead discussion on carbon capture and sequestration on June 14, 2022.

The 2022 edition of Chambers USA: America’s Leading Lawyers for Business has recognized 66 ArentFox Schiff attorneys as leaders in their field.

ArentFox Schiff New York Partner and IBA Power Law Committee Co-Chair Sarah A.W. Fitts will moderate a panel discussion on renewable fuels on Tuesday, May 17 at the Bocconi School of Law in Milan.

We represented Maxim Group LLC, as managing underwriter of a $185 million initial public offering for A SPAC II Acquisition Corp. The offering consists of 18,500,000 units at a price of $10.00 per unit. The offering closed on May 5, 2022.

ArentFox Schiff LLP assisted with ClimateRock’s $75 million initial public offering.

The US Environmental Protection Agency (EPA) has published a draft white paper discussing control techniques and other measures that could reduce greenhouse gas (GHG) emissions from combustion turbines and, by extension, from the power sector.

The Department of Energy (DOE) has adopted two new rules for commonly-used light bulbs which are intended to phase out most incandescent bulbs in favor of LED lightbulbs, which use less energy and last significantly longer.

Sarah Fitts will moderate this panel discussion on April 28, 2022.

The tremendous popularity of social networks and advances in virtual reality (VR) and distributed ledger technology are helping to usher in a new technological frontier: an emerging computer-generated universe often called Metaverse.