Thought Leadership - Manatt, Phelps & Phillips, LLP

Carbon Capture and Sequestration—“Essential,” but Too Little, Too Late?

Carbon dioxide removal (CDR), including carbon capture and sequestration, was once derided as little more than a corporate ploy to prolong reliance on fossil fuels.

Carbon Capture and Sequestration – “Essential,” But Too Little, Too Late?

Manatt Land Use Partner David Smith wrote an article for Energy Law Journal about the efforts to adopt carbon dioxide removal strategies and the necessity of enacting them to combat climate change and accomplish Paris Agreement objectives.@Carbon dioxide removal (CDR) consists of methods such as carbon capture and sequestration, direct air capture, and @net-zero@ emissions aimed at reducing the...

Startup Financing: When Is a SAFE Not So Safe?

Startups have been raising money using the Simple Agreement for Future Equity (SAFE) since it was first introduced by Y Combinator in 2013.

Startups, SAFE Act, Financing, Entrepreneurs

Greenhouse Gas Disclosure Mandates Advance in California Legislature; SEC Remains Silent

Two bills that would require climate-related disclosures from specified companies doing business in California advanced in the Legislature this week.

Berkeley’s Natural Gas Ban in New Housing and Businesses Not Allowed, Says Ninth Circuit

Local or state regulations seeking to decarbonize new buildings by banning natural gas appliances or infrastructure are preempted under federal law according to the Ninth Circuit Court of Appeals.

Climate Disclosure Mandates: California Lawmakers Press Forward Ahead of Forthcoming Federal Rule

Two proposed climate-related disclosure mandate laws moved closer to becoming law in California.

Mandatory Climate Emissions Disclosures: California Lawmakers Press On While SEC May Be Backing Off

Mandatory disclosure of greenhouse gas emissions by business operators is coming, one way or another. California legislators continue to press for a change in law that would require disclosures for large businesses that do business in California.

NYS Governor Hochul Delivers 2023 State of the State Address

On January 10, 2023, Governor Kathy Hochul delivered her second State of the State address, outlining her policy and fiscal agenda for the upcoming year.

Governor Newsom Proposes FY 2023–24 Budget

Yesterday, Governor Gavin Newsom unveiled his fifth January budget proposal, which would authorize $223.6 billion in general fund spending, a 3.6% decrease from current-year spending.

California’s Independent Legislative Analyst’s Office Criticizes State’s New Climate Plan

The California Legislative Analyst’s Office criticized the California Air Resources Board’s recent and most sweeping revision of its Scoping Plan to achieve legislatively mandated greenhouse gas reductions.