Gravel2Gavel Construction & Real Estate Law Blog
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 Development: Carbon Emissions and the Recent Climate Mobilization Act of New York City“, colleagues Caroline A. Harcourt and Sheila McCafferty Harvey, discuss the potential impact of the newly enacted Climate Mobilization Act (CMA or the Act) for developers and building owners, tenants and lenders operating or underwriting loans in New York City.
Articles Posted in Energy
Environmental Law – The Year in Review
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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.
EU Green Deal: the European Commission releases a strategy to strengthen the EU’s financial market infrastructure
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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.”
Join Us 02.04 for an Energy Transition Virtual Fireside Chat with Jigar Shah
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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 government in the energy transition. To attend this fireside chat, register here. 
Incorporating ESG into the Oil and Gas Industry
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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 to adopt sustainable practices.
Hydrogen—A Key Element in the EU’s Green Planning
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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. The EU is not going to be left behind, with a focal point of its Green Deal being on hydrogen.
Join Us 11.12 for an Energy Transition Virtual Fireside Chat with Paul Browning
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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 growing prominence of hydrogen and energy storage, collaborating with customers and stakeholders and setting a path toward a decarbonization of the power grid.
To attend this exclusive fireside chat, register here.
The Energy Transition & Hydrogen
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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 been a lot of press in the last year or two about the energy transition. What exactly is the energy transition, and why is it so important? Continue Reading ›
The Energy and Environmental Policy Statements Set Forth in the Biden-Sanders Unity Task Force Paper
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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.
IRS Extends Continuity Safe Harbor for Renewable Energy Projects
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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 2019, primarily associated with solar and fuel cell companies, by addressing the application of the “3½ month rule” in light of COVID-19 and providing a new safe harbor.