The Climate Mobilization Act constitutes a profound shift in the regulation of commercial real estate in New York City—and all stakeholders including building owners, investors, sellers and purchasers, tenants, and lenders will need to consider how to quantify and allocate the costs of compliance (or non-compliance). In “Sustainable Buildings and…
Anyone who follows Anthony Cavender’s Court-Side Seat column on Gravel2Gavel throughout the year knows he leaves nary a judicial, legislative or agency-related environmental law stone unturned. We’ve gathered all the stones from 2020 into one place, Environmental Law – The Year in Review.
On 19 January, the EC published a strategy setting out wide-ranging ideas for the development of its financial market infrastructure. The strategy includes plans for driving the green transition in line with the European Green Deal through turning the EU financial markets into a “global green finance hub.” The strategy…
Pillsbury partner and Global Co-Head of the Energy & Infrastructure Projects team Mona Dajani discusses energy transition with Jigar Shah, President and Co-Founder of Generate. Join us on February 4, 2021 where Jigar and Mona chat about entrepreneurship, sustainable sectors including hydrogen, food waste and EVs and the role of…
As we previously reported, the popularity of the sustainability linked loan and the green loan have snowballed in recent years. However, it’s not just the loan market that’s taking the consideration of environmental, social and governance (ESG) practices seriously. Studies show that companies are coming under pressure from all sides…
Hydrogen is gaining global recognition for its potential as a key player in the energy transition. Investors and businesses are exploring opportunities across multiple sectors, including energy, manufacturing, transport and finance. According to a report by Bloomberg, the current pipeline for global hydrogen projects is worth an estimated $90 billion.…
Pillsbury partner and Global Co-Head of the Energy & Infrastructure Projects team, Mona Dajani, talks #ChangeInPower with Paul Browning, President and CEO of Mitsubishi Power Americas. Join us on November 12, 2020, for a 45-minute conversation, where Mona and Paul discuss the power sector’s role in the energy transition, the…
In episode 18 of Industry Insights podcast, host Joel Simon and Elina Teplinsky discuss the financial community’s response to the energy transition including the focus on novel technologies such as clean hydrogen, advanced nuclear reactors and carbon capture and storage. Joel Simon: With climate change and sustainability dominating the environmental landscape, there has…
As one would expect, the 110-page document released by the Biden campaign of policy recommendations reached by its joint task forces with supporters of Sen. Bernie Sanders includes a number of energy and environmental policy statements. The paper begins with the statement that “climate change is a global emergency,” and…
The IRS issues anticipated guidance providing relief to developers facing delays related to COVID-19. In the recent alert, “IRS Extends Continuity Safe Harbor for Renewable Energy Projects,” colleague Jorge Medina, discusses how the guidance also provides some clarity on the impact of supply chain disruptions on equipment orders placed later in…