By opening up new tax credits for tax-exempt entities, the Inflation Reduction Act (IRA) provides a vehicle to fund smart surface projects while increasing solar electricity generation. Smart surfaces are ones that combat the effects of excessive sunlight, rainfall, and heat, especially in the urban heat islands, that pose particular […]
Cross-cutting Issues
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The Inflation Reduction Act (IRA) is chock-full of tax incentives for climate and clean energy projects. This year, 2023, marks the first tax year in U.S. history during which entities that do not have federal tax liability – including local and state governments and agencies, nonprofit organizations, tribes and municipal […]
On September 29, 2023, a report titled “ITLOS Advisory Opinion on Climate Change: Summary of Briefs and Statements Submitted to the Tribunal” was published by the Sabin Center for Climate Change Law. This report offers an overview of the briefs and statements submitted to the International Tribunal for the Law […]
The Sabin Center wrapped up Climate Week NYC last Friday with an event exploring the opportunities and challenges posed by ocean-based carbon dioxide removal (CDR). As evidenced by the 150-plus people in attendance, ocean CDR is attracting growing attention as a possible climate change mitigation option. It is not hard […]
On June 20, 2023, the Spanish Supreme Court handed down its final ruling in the case of Greenpeace v. Spain II, widely known as the trial for climate (“el juicio por el clima”). The decision, formally communicated to the parties on July 27, marks a pivotal moment in climate litigation. […]
On August 31, 2023, the Sabin Center for Climate Change Law and the Columbia Center on Sustainable Investment (CCSI), as part of their broader Climate Law and Finance Initiative, published two reports analyzing legal and contractual regimes governing decommissioning of offshore oil and gas infrastructure projects and identifying decommissioning-related risks […]
In January, when Governor Kathy Hochul announced the creation of New York Cap and Invest–a regulatory program through which the state will set a continuously-decreasing cap on economy-wide emissions and issue emission credits in accordance with this cap– she touted the program’s potential for linkage with cap-and-trade programs […]
This piece previously appeared in the CLS Blue Sky Blog. The Securities and Exchange Commission regulations on climate disclosure, first proposed in March 2022 and likely to be issued in final form in October 2023,[1] have drawn considerable controversy and face an uncertain fate in the inevitable litigation.[2] Much less attention has […]