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This Week's Climate Policy Update - Akin Gump Strauss Hauer & Feld LLP

Akin Gump Strauss Hauer & Feld LLP · last updated

This Week’s Climate Policy Update | Akin Gump Strauss Hauer & Feld LLP

The Department of Energy (DOE) is slated to announce a new initiative to support the development of hydrogen hubs. Meanwhile, the Federal Energy Regulatory Commission (FERC) approved construction for the Mountain Valley pipeline. In New York, Gov. Kathy Hochul (D-NY) announced that the state’s first offshore wind farm is making progress. Finally, the Voluntary Carbon Markets Integrity Initiative is pursuing a standard to measure companies’ progress on climate goals.

To read Akin’s most recent climate policy update, please click here.

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Related Knowledge Center: Climate legislation

State of Play

The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.

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