2024 Fossil Fuels Law Regulations 
Legal Planet
AUGUST 18, 2022
Production and combustion of fossil fuels imposes enormous costs on society, which the industry doesn’t pay for. The closest we’ve ever come to a carbon tax is a limited fee on methane emissions under the new IRA law. A more promising alternative might be a clean-up tax on the fossil fuel industry.
Legal Planet
DECEMBER 11, 2023
These laws are an important step in the right direction. Oil and Gas Regulation One of the big success stories of 2022 was the end-of-session passage of SB 1137 (Gonzalez) , which established a 3,200-foot buffer zone between new oil and gas wells and sensitive receptors like schools, homes, and hospitals.
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Legal Planet
OCTOBER 26, 2023
CARB’s Low Carbon Fuel Standard (LCFS) seeks to incentivize the production and sale of alternative, lower emissions transportation fuels in order to displace conventional fossil fuels. To identify which fuels should be promoted, CARB calculates the life cycle greenhouse gas emissions from transportation fuels.
Union of Concerned Scientists
FEBRUARY 29, 2024
Fossil fuel companies are well established as founts of disinformation , agents of obstruction, and drivers of climate change. Taken together, the need for governments to meaningfully regulate these super polluters has never been clearer. What role does science play in climate advisory opinions?
Environmental Progress
JANUARY 20, 2022
In order to steer investment toward environmentally sustainable activities, the European Union launched the Taxonomy Regulation framework to define activities deemed sustainable. Notably, in the same proposal, the Commission has also included screening criteria for gaseous fossil fuels. 31 1(a)).
Legal Planet
DECEMBER 19, 2023
Leading this subnational trend, California officials launched the Subnational Methane Action Coalition, an international partnership between subnational governments that have some responsibility in overseeing or regulating sources of methane emissions. This year, several jurisdictions announced new methane regulations. Since the E.U.
Law and Environment
DECEMBER 20, 2023
On December 15, 2023, IRS published Notice 2024-06 , a brief but important guidance on Section 40B, the Inflation Reduction Act (“IRA”) tax credit for sustainable aviation fuel (“SAF”). The guidance establishes a safe harbor for SAF that generates RINs under the federal Renewable Fuel Standard program (“RFS”).
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