Game changers affecting the US energy sector — volume two
The energy sector today is faced with a host of challenges and opportunities as it navigates the globalisation of the industry, national and international fuel availability and policy and regulatory decisions at home and abroad.
In the US, this summer has been a busy time for clean energy legislation. Congress and the Environmental Protection Agency (EPA) are pushing to help propel the US power sector forward onto a cleaner, less carbon-intensive path. The Clean Power Program proposal from the EPA would force a 30 per cent cut in carbon emissions by the year 2030, and it marks the first time that the US has sought these restrictions on existing power plants. The EPA’s broad reach creates legal vulnerabilities for the proposal, but it also creates opportunities for states and for electricity generators to make greater investments in a clean energy future.
Those vulnerabilities received a preview in a recent Supreme Court ruling on similar regulations. The court seemingly pulled back the EPA’s ability to establish broad-ranging programmes to address climate change. However, the mixed decision underscored the court’s view that the EPA has authority to regulate greenhouse gas emissions under the Clean Air Act, but strongly warned the agency to not stray far from statutory limits…
Click on the link below to read the rest of the Dentons briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from The Lawyer
Analysis from The Lawyer
So last week it emerged that Dentons, already the biggest law firm in the world, is currently in merger negotiations with 21 firms around the globe.
Life in Canada is getting harder for firms as commodities prices fall and work volumes slow