The Internal Revenue Service (IRS) recently issued Notice 2024-30, which modifies guidance previously issued relating to the energy community “adder” for the investment tax credit and the production tax credit.
Energy
EPA’s Focus on Ethylene Oxide
Margaret Anne Hill, Holli B. Packer, and Robert P. Scott ● The Environmental Protection Agency issued a final rule on March 14 that will require significantly reduced emissions from commercial facilities that sterilize medical devices and other equipment using ethylene oxide gas (“EtO…
Driving Change: Scaling Up EVs in the U.S.
We are pleased to publish our latest white paper, entitled “Driving Change: Scaling Up EVs in the U.S.” The report highlights the challenges of expanding electric vehicles (EVs) and EV battery manufacturing in the U.S. Outdated infrastructure and…
Continued Progress: Latest Developments in Louisiana’s Carbon Capture Legislation
The Louisiana Legislative Session continues to address Carbon Capture and Storage (CCS) with several bills up for discussion by the Committee on Natural Resources tomorrow, Tuesday, April 9, at 9 A.M. The proposed bills touch upon unitization, eminent domain, liability…
Royalty Class Actions: The Rise of Class Certification and Defenses to Avoid It
The recent rise in royalty class action lawsuits brought by the plaintiffs’ bar, that generally coincides with the ebb in crude oil prices, is a growing risk for oil and gas companies. Class action certifications in royalty lawsuits were less…
Liskow Secures Success on Summary Judgment Motion, Dismissing the Entirety of Plaintiffs’ Personal Injury Claims, with Prejudice
Liskow lawyers Cherrell Taplin and Melanie Derefinko recently secured a ruling in their favor dismissing the entirety of Plaintiffs’ claims against Liskow’s client, ExxonMobil Product Solutions Company (“ExxonMobil”). …
FERC Initiates Inquiry into Capacity Allocation on Non-Contiguous Pipeline Segments
On March 21, 2024, FERC issued a Notice of Inquiry (“NOI”) seeking additional information on whether the Commission should continue to allow interstate pipelines to package “high value” capacity with non-contiguous and operationally unrelated parcels of capacity in a single…
Update From the Legislative Session: Positive Outlook for Louisiana Carbon Capture Projects
The first round of bills on Carbon Capture and Storage (CCS) went forward this Thursday, April 4. Five bills aimed to regulate or restrict CCS activities were heard by the House Natural Resources & Environment Committee. Four bills were defeated…
FERC Proposes to Largely Eliminate Compensation for Reactive Power
On March 21, 2024, FERC proposed to prohibit transmission providers from being compensated through their transmission rates charges for reactive power that is within the standard power factor range from generating facilities. Similarly, FERC proposed to revise both the large…
Senate Committee Considers Three New FERC Nominees
On March 21, 2024, the Senate Committee on Energy and Natural Resources held a hearing to consider President Biden’s three recent nominations to the Federal Energy Regulatory Commission (“FERC” or “Commission”): (1) David Rosner for the term expiring June 30,…