On November 5, 2024, a federal court denied a summary judgment motion to invalidate California’s two climate-related disclosure laws on First Amendment grounds leaving them in place as ...
Last week, the Supreme Court declined to stay EPA’s power plant GHG emissions rule pending legal challenges in the D.C. Circuit. This order – together with the Supreme Court’s deni...
Proposals to delay compliance deadlines in California’s three landmark climate-related disclosure laws failed to pass during the recently concluded legislative session, while a modest s...
The three “first-in-the-nation” California climate-related disclosure laws enacted late last year are each the subject of proposed amendments making their way through the legislative ...
Recent Supreme Court decisions show a strong and continued rebalancing of power in the administrative state that has been years in the making. This update outlines what it means for the f...
On May 9, 2024, EPA published a final rule requiring existing fossil fuel-fired steam generating units and new fossil fuel-fired combustion turbines to cut GHG emissions, including throug...
Changes from the proposal include elimination of Scope 3 disclosures, scaled back attestation requirements, additional materiality qualifiers and narrower financial statement triggers. Gi...
Davis Polk counsel and Environmental practice head Loyti Cheng and counsel David Zilberberg authored “The California climate disclosure laws, SEC’s proposed climate-related disclosure...
On December 2, 2023, EPA announced its final rule regulating methane and volatile organic compounds emissions from the oil and gas industry. The rule updates current standards applicable ...
Governor Newsom has signed the Voluntary Carbon Market Disclosures Act, a law intended to combat “greenwashing” by requiring disclosure on net zero, carbon neutrality and emissions re...