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Climate Change in 2024: Inflation Reduction Act and Other Key Developments

Content Provider
American Law Institute CLE
Product
CLE
Run Time
122 Minutes
Recording Date
05/21/2024
Presenter(s)
Amy E. Turner, Juge Gregg, Shailesh Sahay, Sarah Grey, John Hebert, Aditi Prabhu
Learning Method
On-Demand Training
Practice Area
Energy and Utilities and Environment
Persona
CLE OnDemand

Price $259.00

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Description

Coming off of the hottest year on record, policymaking and enforcement are becoming increasingly important in our country’s ongoing quest to balance environmental protection with consumer and industry interests. The infrastructure legislation and the Inflation Reduction Act of 2022 are both seen as major steps forward for U.S. federal climate law and our efforts to reduce emissions. On the heels of those bills have been a series of pieces of guidance – related both to the implementation of those bills as well as agency guidance, including the SEC’s finalized climate disclosure rule. With so much happening in the U.S. alone, environmental practitioners, in-house counsel, and related professionals must stay current on these rapidly developing and significant legal changes. Join our panel of environmental law experts and get up-to-date on climate change-related policy in the U.S. in 2024. Through a roundtable discussion format, our varied panelists -- offering an array of experience in government, in-house, and private practice – will: - Take a deep dive into the Inflation Reduction Act: The key tax credits it makes available (including Section 45 Renewable Energy Production Tax Credit, the Section 48 Renewable Energy Investment Tax Credit, and tax credits for clean vehicles and clean vehicle charging ); implementation by cities and local governments; how corporations are responding and what aspects they can utilize; and carbon capture utilization and sequestration - Discuss the revised EPA Clean Air Act section 111 rules for power plant greenhouse gasses, including the under-regulation of peakers near cities and environmental justice communities - Explore the transportation sector decarbonization policy, law, and regulation at both the state and federal levels, including the vehicle greenhouse gas rules - Review the SEC climate disclosure rule and rulemaking, as well as related developments in California

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved2.00General12/31/2025
AlaskaApproved2.00GeneralOn-going
ArizonaApproved2.00GeneralOn-going
ArkansasApproved2.00GeneralOn-going
CaliforniaApproved2.00Participatory05/21/2029
ColoradoApproved2.00General12/31/2026
ConnecticutApproved2.00GeneralOn-going
DelawareApproved2.00General05/20/2026
FloridaApproved2.50General03/31/2026
HawaiiApproved2.00General05/21/2026
IdahoApproved2.00General05/20/2029
IllinoisApproved2.00General08/08/2026
IndianaApproved2.00General09/15/2025
IowaApproved2.00General05/20/2025
KansasApproved2.00General08/11/2025
KentuckyApproved2.00General06/30/2025
LouisianaApproved2.03General08/11/2025
MaineApproved2.00General09/29/2026
MinnesotaApproved2.00General09/15/2026
MississippiPending State Response0.00
MissouriApproved2.40GeneralOn-going
MontanaApproved2.00General05/21/2027
NebraskaApproved2.03General05/20/2026
NevadaApproved2.00General12/31/2027
New HampshireApproved2.00General05/20/2027
New JerseyApproved2.00GeneralOn-going
New MexicoApproved2.00General05/20/2029
New YorkApproved2.00SkillsOn-going
North DakotaApproved2.00General05/21/2027
OklahomaApproved2.50General08/25/2025
OregonApproved2.00General05/21/2027
PennsylvaniaApproved2.00General08/11/2026
Puerto RicoApproved2.03General10/20/2025
Rhode IslandApproved2.00General06/30/2025
TennesseeApproved2.03General08/11/2025
TexasApproved2.00General07/28/2025
UtahPending State Response0.00
VermontApproved2.00GeneralOn-going
WashingtonApproved2.00General05/20/2029
West VirginiaApproved2.44GeneralOn-going
WisconsinApproved2.00GeneralOn-going
WyomingApproved2.00General08/11/2025

Speakers