The Energy Law Report offers updated and expanded versions of topics previously addressed in Reed Smith’s Energy Transition report from June 2022.
Editor Victoria Prussen Spears writes in her introduction to the new edition:
The energy landscape in the United States and around the world is rapidly changing. The United Nations Climate Change Conference in Glasgow, commonly referred to as COP26, set targets for decarbonizing the global economy. Russia’s invasion of Ukraine highlighted energy security as a major issue that all nations now need to address.
The concerns, problems and opportunities associated with energy transition may never have been more important—or more timely—than they are now. Given that, we are pleased to focus this entire January 2023 issue of Pratt’s Energy Law Report on energy transition.
Moreover, we have turned to energy law experts from one law firm—Reed Smith—for every article in this issue. The articles by Reed Smith attorneys described below and published here focus on some of the most important energy transition topics that governments and businesses across the globe are facing today.
Articles to be found in the January 2023 Energy Law Report include:
Taxing Carbon at the Border: Current State of Play
By Todd O. Maiden, Yves Melin, Wim Vandenberghe, Jin Woo Kim and Eric J. Schmoll
An examination of the Carbon Border Adjustment Mechanism and similar initiatives in the United States, Canada, the United Kingdom, South Korea and China, and what they mean for global businesses and the energy sector.
Scaling Up Carbon-Neutral Fossil Fuels Market: Voluntary Standards Versus Mandatory Regulation
By James E. Atkin
A look at recent efforts to create a global regulatory regime to regulate carbon-neutral fossil fuels and the challenges still ahead.
Proposed Legislation and Policy Affecting GHG Emissions in the United States
By Colette D. Honorable, Jennifer A. Smokelin, Debra A. Palmer and Randa M. Lewis
An examination of proposed rulemaking by the Securities and Exchange Commission relating to Scope 3 emissions.
Where the Energy Transition Is Surging Ahead: New York State
By Peter C. Trimarchi
A look at how New York State is implementing comprehensive measures to decarbonize its entire economy.
Liquefied Natural Gas Marine Bunkers’ Role in the Transition to Cleaner Shipping
By Kevin Keenan and Antonia Panayides
An exploration of the reasons for the increased demand for LNG-fueled vessels and whether LNG is the way forward for clean shipping.
U.S. Ramps Up Liquefied Natural Gas Exports in Response to Invasion of Ukraine
By Colette D. Honorable and Debra A. Palmer
A look at how dramatically U.S. LNG export capability has increased since 2016, when it had almost no LNG export capability, permitting the U.S. to become the world’s largest exporter of LNG over a five-year period.
The Nuclear New Build Renaissance: Challenges and Opportunities
By Peter Rosher, Vanessa Thieffry and Liam Hart
An exploration of why a nuclear renaissance is happening, and which obstacles and opportunities it presents.
A copy of the entire January 2023 Energy Law Report (pdf) authored by Reed Smith is also available to the public exclusively on this website.
About Reed Smith
Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions and regulatory matters. Our team of 3,000 people (including more than 1,700 lawyers) operate across 30 offices in the United States, Europe, the Middle East and Asia to drive progress for our clients, for ourselves and for our communities.
For more information, please visit reedsmith.com.
